Snap Stock News

The social media company is developing technology to make its platform more engaging.

Snap just delivered a strong set of quarterly financial results.

The company grew its revenue and reduced its losses.

Shares of Snap (SNAP) jumped Wednesday after the social media company posted better-than-anticipated results and announced a stock buyback.

Shares of social-media companies Reddit Inc (NYSE:RDDT) and Snap Inc (NYSE:SNAP) are surging today after earnings.

Snap reported better than expected results for Q3 FY24, with revenue and Adjusted EBITDA growing 15% and 230% YoY, respectively, leading to a jump of over 10% in after hours trading. Although the company posted its highest overall DAU's, its North America segment remained unchanged, while Europe and Rest of World contributed a higher share of Total Revenue. Although Snap continued to innovate w...

Snap's stock (NYSE: SNAP) surged over 10% in after market hours on Tuesday, October 29, after the company posted upbeat Q3 results. Snap reported revenue of $1.37 billion and adjusted earnings of eight cents per share - faring better than the consensus estimates of $1.36 billion and six cents, respectively.

Shares of online ad sellers surged on Wednesday as strong earnings from Google-parent Alphabet, Reddit and Snap signaled solid spending from brands ahead of the crucial holiday season.