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Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, vs. $288M YoY; SNAP drops 28%+ after hours


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2024-02-06 21:29:54
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Cybersecurity Business

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CNBC:

Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, vs. $288M YoY; SNAP drops 28%+ after hours  —  Snap reported weaker-than-expected sales for the fourth quarter and issued a forecast that came in a bit light of Wall Street's expectations.



CNBC:

Snap reports Q4 revenue up 5% YoY to $1.36B, vs. $1.38B est., DAUs up 10% YoY to 414M, a net loss of $248M, vs. $288M YoY; SNAP drops 28%+ after hours  —  Snap reported weaker-than-expected sales for the fourth quarter and issued a forecast that came in a bit light of Wall Street's expectations.



Source: TechMeme
Source Link: http://www.techmeme.com/240206/p30#a240206p30


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