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Snap reports Q4 revenue up 10% YoY to $1.72B, vs. $1.7B est., DAUs up 5% to 474M, vs. 478M est., forecasts Q1 revenue below est., and announces a $500M buyback

Snap shares were up over 5 percent in after-hours trading on Wednesday after the Snapchat-parent released fourth-quarter earnings that beat on sales.

CNBC Jonathan Vanian

Discussion

  • @_seandavid Sean D. Emory on x
    I am a big snapchat fan and think there is a ton of value in the size and scale of the user base. However, I cannot help to notice the -6% drop in North American users... $SNAP [image]
  • @rihardjarc Rihard Jarc on x
    $SNAP continues to show solid growth coupled now with profit (finally), margin expansion and a significant buyback: “Our Q4 results began to reflect the impact of our strategic pivot toward profitable growth, translating into revenue diversification and meaningful margin expansio…
  • @richlightshed @richlightshed on x
    “Snap is uniquely positioned to lead the next wave of spatial computing” $SNAP co-founder @evanspiegel confident he can out innovate Google, Meta and OpenAI in the next wave of computing. Specs launch in 2026