Snap Inc. Announces Third Quarter 2023 Financial Results

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Snap (SNAP) jumps 10% immediately following results

October 24, 2023 4:15 PM EDT

Snap (NYSE: SNAP) jumps 10% immediately following results:

reported Q3 EPS of $0.02, $0.26 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.11 billion.Snap sees Q4 2023 revenue of $1.32-1.375 billion, versus the consensus of $1.33 billion.

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Snap (SNAP) Tops Q3 EPS by 26c

October 24, 2023 4:11 PM EDT

Snap (NYSE: SNAP) reported Q3 EPS of $0.02, $0.26 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.11 billion.

GUIDANCE:

Snap sees Q4 2023 revenue of $1.32-1.375 billion, versus the consensus of $1.33 billion.

As we enter Q4, we anticipate continued growth in our global community and, as a result, our... More