Snap Inc. Jumps 7% Post-Earnings as Ad Business Re…
From Financial Modeling Prep: 2025-02-05 01:30:56
Snap Inc. (NYSE: SNAP) stock surged 7% after reporting strong Q4 earnings and a positive 2025 outlook. Revenue hit $1.56B, beating estimates, with 453M daily active users and 14% ad revenue growth. The company plans to increase headcount by 8-10% this year.
Snap’s Q1 revenue forecast is $1.325B – $1.360B, with improvements in ad targeting and performance driving ad business revival. Analysts project continued growth for Snap stock in 2025. The company’s strong results and expanding ad business make it a top stock to watch.
Read more at Financial Modeling Prep:: Snap Inc. Jumps 7% Post-Earnings as Ad Business Re…