From CNBC: 2025-04-29 17:12:00

Snap reported first-quarter revenue of $1.36 billion, exceeding expectations. However, the lack of guidance due to macroeconomic uncertainties caused shares to drop 13% in after-hours trading. Snap’s daily active users totaled 460 million, surpassing expectations, with average revenue per user at $2.96. The company cited advertising demand constraints for the cautious outlook.



Read more at CNBC:: Snap Q1 earnings report 2025