Snap misses revenue expectations, warns on second quarter outlook
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Snap (SNAP) plunges 19% on Q1 revenue miss
April 27, 2023 4:26 PM EDTSnap (NYSE: SNAP) plunges 19% on Q1 revenue miss:
SNAP reported Q1 EPS of $0.01, $0.24 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $988.6 million versus the consensus estimate of $1.01 billion.SNAP not providing formal guidance for revenue or adjusted EBITDA for the second quarter of 2023.... More