Snap Inc. Announces Third Quarter 2022 Financial Results

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Snap Inc (SNAP) PT Lowered to $8 at Rosenblatt

October 21, 2022 6:59 AM EDT

Rosenblatt analyst Barton Crockett lowered the price target on Snap Inc (NYSE: SNAP) to $8.00 (from $13.00) while maintaining a Neutral rating.

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Meta (META), Pinterest (PINS) Trade Lower in Sympathy with Snap (SNAP)

October 20, 2022 4:14 PM EDT

Meta (NASDAQ: META), Pinterest (NYSE: PINS) Trade Lower in Sympathy with Snap (NYSE: SNAP)

SNAP -17% Following ResultsMETA -4%PINS -5%
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Snap (SNAP) Approves $500M Repurchase Program

October 20, 2022 4:12 PM EDT

Snap (NYSE: SNAP) announced today its board of directors has authorized a stock repurchase program of up to $500 million of its Class A common stock. Repurchases of the Class A common stock may be made on a discretionary basis from time to time, either through... More

Snap (SNAP) Tops Q3 EPS by 32c

October 20, 2022 4:10 PM EDT

Snap (NYSE: SNAP) reported Q3 EPS of $0.08, $0.32 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.12 billion.

Daily Active Users increased 19% year-over-year to 363... More