Snap Withholds Second-Quarter Guidance Amid Macro 'Uncertainty.' The Stock Sinks. -- Barrons.com

Dow Jones

Yesterday

By Angela Palumbo

Snap stock was falling after the social media company reported a narrower first-quarter loss than Wall Street expected, but withheld second-quarter guidance.

Snap reported a first-quarter loss of 8 cents a share on revenue of $1.36 billion. Analysts surveyed by FactSet expected the Snapchat parent to report a loss of 13 cents a share on revenue of $1.35 billion.

In the same period last year, Snap reported a loss of 19 cents a share on revenue of $1.19 billion.

Daily active users of 460 million in the quarter also just beat analyst estimates of 459 million.

Snap said in its letter to shareholders on Tuesday that it doesn't intend to share formal second-quarter guidance "given the uncertainty with respect to how macro economic conditions may evolve in the months ahead."

"While our topline revenue has continued to grow, we have experienced headwinds to start the current quarter, and we believe it is prudent to continue to balance our level of investment with realized revenue growth, " the company said.

Shares of Snap were falling 8.8% ion after-hours trading following the earnings release.

Write to Angela Palumbo at angela.palumbo@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

April 29, 2025 16:19 ET (20:19 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The Stock Sinks. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-30 04:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Angela Palumbo \n</p>\n<p>\n  Snap stock was falling after the social media company reported a narrower first-quarter loss than Wall Street expected, but withheld second-quarter guidance. \n</p>\n<p>\n     Snap reported a first-quarter loss of 8 cents a share on revenue of $1.36 billion. Analysts surveyed by FactSet expected the Snapchat parent to report a loss of 13 cents a share on revenue of $1.35 billion. \n</p>\n<p>\n     In the same period last year, Snap reported a loss of 19 cents a share on revenue of $1.19 billion. \n</p>\n<p>\n     Daily active users of 460 million in the quarter also just beat analyst estimates of 459 million. \n</p>\n<p>\n     Snap said in its letter to shareholders on Tuesday that it doesn't intend to share formal second-quarter guidance \"given the uncertainty with respect to how macro economic conditions may evolve in the months ahead.\" \n</p>\n<p>\n     \"While our topline revenue has continued to grow, we have experienced headwinds to start the current quarter, and we believe it is prudent to continue to balance our level of investment with realized revenue growth, \" the company said. \n</p>\n<p>\n     Shares of Snap were falling 8.8% ion after-hours trading following the earnings release. \n</p>\n<p>\n     Write to Angela Palumbo at angela.palumbo@dowjones.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 16:19 ET (20:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4077","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531179491","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531179491","pubTimestamp":1745957940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Snap stock was falling after the social media company reported a narrower first-quarter loss than Wall Street expected, but withheld second-quarter guidance.Snap reported a first-quarter loss of 8 cents a share on revenue of $1.36 billion. Analysts surveyed by FactSet expected the Snapchat parent to report a loss of 13 cents a share on revenue of $1.35 billion.In the same period last year, Snap reported a loss of 19 cents a share on revenue of $1.19 billion.Daily active users of 460 million in the quarter also just beat analyst estimates of 459 million.Snap said in its letter to shareholders on Tuesday that it doesn't intend to share formal second-quarter guidance \"given the uncertainty with respect to how macro economic conditions may evolve in the months ahead.\". \"While our topline revenue has continued to grow, we have experienced headwinds to start the current quarter, and we believe it is prudent to continue to balance our level of investment with realized revenue growth, \" the co","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4077":"互动媒体与服务","BK4576":"AR","BK4554":"元宇宙及AR概念","BK4551":"寇图资本持仓","BK4508":"社交媒体"},"translate_title":"由于宏观“不确定性”，Snap保留了第二季度指引。股票下跌。——Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"By Angela Palumbo \n\n\n  Snap stock was falling after the social media company reported a narrower first-quarter loss than Wall Street expected, but withheld second-quarter guidance. \n\n\n     Snap reported a first-quarter loss of 8 cents a share on revenue of $1.36 billion. Analysts surveyed by FactSet expected the Snapchat parent to report a loss of 13 cents a share on revenue of $1.35 billion. \n\n\n     In the same period last year, Snap reported a loss of 19 cents a share on revenue of $1.19 billion. \n\n\n     Daily active users of 460 million in the quarter also just beat analyst estimates of 459 million. \n\n\n     Snap said in its letter to shareholders on Tuesday that it doesn't intend to share formal second-quarter guidance \"given the uncertainty with respect to how macro economic conditions may evolve in the months ahead.\" \n\n\n     \"While our topline revenue has continued to grow, we have experienced headwinds to start the current quarter, and we believe it is prudent to continue to balance our level of investment with realized revenue growth, \" the company said. \n\n\n     Shares of Snap were falling 8.8% ion after-hours trading following the earnings release. \n\n\n     Write to Angela Palumbo at angela.palumbo@dowjones.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. 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