Earnings
Snap Will Stop Leading With Daily Users — And Says It Won't Chase Them
Snap's CFO said monthly users become the main audience metric with first-quarter 2027 results, as the app nears 1 billion monthly users.
SNAP
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Markets
Snap Stock Climbs 5.9%, Adding $558 Million, Before A Profit Swing And 84% Subscription Surge
Snap closed higher Wednesday, ahead of results that showed a $56 million profit and 84% Other Revenue growth against 4% for ads.
Earnings
Snap Posts $56 Million Quarterly Profit, But Ad Revenue Grew Only 4%
Revenue rose 14% to $1,722 million as Other Revenue grew 84%, while the CEO said ad growth "remains below our ambitions."