Q1 Snap 2025 profit report

pop I mentioned better than expected Revenue in the first quarter Tuesday, but refused to submit the guidance, noting the total economic uncertainty that could weigh the demand for the advertisement.

The shares fell 13 % in trading after hours.

Here is how the company compared to Wall Street’s expectations:

• Arrow’s profits: Loss of 8 cents. This number is not similar to analysts.
• profit: $ 1.36 billion for $ 1.35 billion expected, according to LSEG
• International active users of the global daily: 460 million compared to 459 million expected, according to the street account
• Average global revenue for each user: $ 2.96 for $ 2.93 expected, according to the street account

Snap did not offer a future look for the second quarter, noting the uncertainty surrounding “how total economic conditions may develop in the coming months, and how this could affect advertising demand on a broader scale.”

Analysts expected $ 1.39 billion in revenue guidelines in the second quarter. The company said it expects the number of daily active users will come near the mid -quarter point from 468 million.

“While our first revenues continued to grow, we have witnessed the opposite winds to start the current quarter, and we believe that it is wise to continue balancing the level of our investments with the growth of investigators revenue.” A message to investors.

Like many technology companies, Snap faces turbulent Macro setting as he wrestles with President Donald Trump’s advanced plans. Many fear that uncertainty in global trade may lead to a decrease in the directives or decline in the spending of this profit season.

Snap cited possible restrictions on advertising demand as a reason to stop guidance. The advertising revenues for this period increased by 9 % on an annual basis to $ 1.21 billion. This growth came mainly from direct ads for response. The company also said that the advertising revenues directed towards the brand had 3 % decreased from last year.

Derek Andersen, head of finance at Snap, said during a profit call that some advertisers had reported an effect from changes to exemption from the minimum that is scheduled The end of Friday. Shipping less than $ 800 can come to work free in the United States under the current gap.

The company is not alone. Last Thursday, the alphabet I mentioned The sales of the first quarter of 90.23 billion dollars, which exceeded the expectations of Wall Street, but the executives Analysts said The company may also face winds of its online advertising work in the Asia Pacific region as well regarding the end of the minimum loophole.

SNAP has reduced the all -year operating expenses for the entire year to between 2.65 billion dollars and $ 2.70 billion, a decrease from $ 2.70 billion and $ 2.75 billion. The company also reviewed the costs of the entire year of the stock compensation to stocks to between 1.13 billion dollars and 1.16 billion dollars, from 1.15 billion dollars to 1.20 billion dollars.

Sales jumped in the first quarter of Snap by 14 % to $ 1.36 billion from $ 1.19 billion in the time period. The company informed a net loss of about 140 million dollars, or 8 cents per share. This was narrowed by 54 % of about 305 million dollars, or 19 cents, in the previous period. The modified Ebitda amounted to $ 108 million, with estimates of $ 64 million from Street Street.

The company attributed the loss of 8 cents to 70.1 million dollars related to the cutting of money, the expenditures based on stocks and other costs associated with restructuring 2024.

“These accusations do not reflect the basic trends in our business,” the company said.

Snap 460 million active users per day during this period recorded an increase of 453 million in the previous quarter. The company also said it had reached 900 million active users per month, up from 850 million in August, the last time that Snap has bought that basic. Daily active users in North America fell to 99 million from 100 million in the last quarter, but Snap said he did not expect more declines in the current period.

The company said that the subscription service in Snapchat+ reached 15 million subscribers, an increase of 14 million in the previous quarter. The service was launched in 2022 and the majority of “other revenues” formed in Snap. Unit revenues increased by 75 % from last year to $ 152 million.

Dead Reports of its latest profits on Wednesday, followed by I responded On Thursday and Pinterest On May 8.

He watches: “Rapid money” traders interact with the earnings of the alphabet.