Stock Track | Snap Inc. Plunges 13.64% Pre-market on Q1 Earnings Miss and Withheld Guidance

Stock Track
04-30

Shares of Snap Inc. (SNAP) tumbled 13.64% in pre-market trading on Wednesday following the release of its first-quarter 2025 financial results. The social media giant, known for its popular app Snapchat, disappointed investors with an earnings miss and refrained from providing guidance for the upcoming quarter, citing economic uncertainties.

Snap reported a loss of $0.08 per share for Q1, falling short of analysts' expectations of a $0.03 profit. This significant earnings miss appears to be the primary driver behind the stock's sharp decline. Despite the disappointing bottom line, Snap's revenue slightly exceeded estimates, coming in at $1.36 billion compared to the expected $1.35 billion, representing a 14.1% year-over-year growth.

Adding to investor concerns, Snap announced in its investor letter that it would not provide guidance for the second quarter due to "macro economic uncertainty." This lack of forward-looking information likely contributed to the negative sentiment surrounding the stock. On a more positive note, Snap reported 460 million daily active users, surpassing the estimated 458.3 million, and posted an adjusted EBITDA of $108.425 million, significantly beating the expected $64.7 million. However, these metrics were not enough to offset the earnings miss and guidance withholding, as evidenced by the stock's pre-market performance.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10