From Yahoo Finance: 2025-04-29 16:17:00

Snap announced it won’t provide a Q2 financial forecast due to economic uncertainty. Snapchat+ subscribers rose to 15 million in Q1. Direct response ad revenue hit 75% of total ad revenue. Revenue increased by 14% to $1.36 billion, beating estimates. Daily active users grew by 9% to 460 million. Snap trimmed its full-year forecast for adjusted operating expenses.



Read more at Yahoo Finance: Snap shelves quarterly forecast as economic uncertainty risks ad budgets