snap After the company reported the results of four quarters than expected, the shares jumped on Tuesday to extend trading.
Compared to the Wall Street expectations, how the company did are:
According to LSEG GLOBAL DAILY ACTIVE users, profit per share: 16 cents and 14 cents: $ 1,560 million, $ 1,555 billion: 453 million p one millions are expected 。 According to Streetaccount, expected $ 3.44
The fourth quarter revenue increased 14 % from $ 1.36 billion in the previous year. The quarterly net income was $ 9.1 million or per penny per strain. In the previous year, SNAP recorded a net loss of $ 248 million in the fourth quarter, that is, 15 cents.
SNAP stated that the first quarter revenue would be between $ 1,325 million and $ 1.36 billion. The scope is $ 1.34 billion, higher than Wall Street forecasts $ 1,333 million.
However, the first quarter of SNAP’s adjusted revenue is $ 40 to $ 75 million, below the expected $ 78.5 million of analysts. In the investor’s letter, SNAP believed that guidance was due to the “quarterly investment plan”.
The adjusted operating costs in the first quarter are 11 % to 12 % from the previous year due to employment, legal related costs, and “seasonal shifts of marketing costs to the first quarter compared to the previous year”. It will increase, “says Snap.
“There is an additional opportunity to invest in the expansion of business, given the basic improvements on advertising platforms and the momentum established in Go to Market Initiative.” Snap stated in a letter. “The 2025 investment plan reflects this optimism and reflects a strong commitment that we will make further economic progress toward profitability as we expand its scale.”
Furthermore, the company expects to commit $ 5 million to support the community and team members, influenced by the recent Los Angeles mountain fire, and expect that it will be “further commitment over time.” I mentioned.
In September, President New Mexico said that the design and recommended system of the Snapchat application “promote and promote sexmy, children, drugs, and guns”. He filed a lawsuit against Snap, who claims. Earlier in January, the federal trading committee stated that the Ministry of Justice would introduce a complaint to a company related to my AI chatbot, and SNAP shares decreased.
last week, Meta The four -quarter results that are better than revenue and revenue were reported, and plans to spend a lot of money on AI -related investments. alphabet He made a profit on Tuesday, but missed his revenue. Pinterest reports on Thursday’s revenue reddit next week.
According to SNAP, the first quarter of daily active users were 459 million, and analysts had 458.3 million.
The company stated that Snapchat+ Service currently has 12 to 14 million subscribers reported in the third quarter. This service, which debuted in 2022, is the majority of snaps called “other profits.” The unit increased 131 % year -on -year in 2024, stating that the annual revenue running rate exceeds $ 500 million.
Snap CEO’s Evan SpieGel says in a phone call with an analyst on Tuesday that he is satisfied with the response of users to Snapchat+, and the company may now consider raising the subscription price of $ 3.99 a month. 。
Spiegel also commented on DeepSeek’s groundbreaking AI model. It is said to be inexpensive, quicker, and quicker than other similar software, such as Meta, Alphabet, and Openai. Spieegel said that DeepSeek’s AI model shows that “capital is not a long -term flood in technology business.”
“It was really exciting to see the innovation there,” said Spiegel. “I think many of these models are examining our views that they continue to be commodity over time.
Mark Zuckerberg, a meta CEO, was an analyst last week, and his company still digested some of the Deep Shik’s abilities, but “Probably for the trajectory around the infrastructure and equipment. Probably too early to have a strong opinion on whether to do it. ” ‘T immediately reduces AI spending.
“The overall environment of uncertainty has benefited our business,” said SpieGel, whether SNAP was influenced by Tactoku’s potential ban in the United States. He said both advertisers and creators were trying to “diversify” the social platform they depend on, and that Snap is supporting their plan.
SNAP stated that AJIT Mohan had previously served as the president of the Asia -Pacific region and then became the Supreme Business Officer. Before joining SNAP in 2023, Mohan was the Vice President and Managing Director of Meta India.
Watch: META and Microsoft will spend AI Capex after Deepseek
