Snap (SNAP) Tops Q2 EPS by 18c, Misses on Revenue; Offers Q3 Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/14/2026

1. NVDA
2. ORCL
3. SPY
4. USO
5. SRRK
6. DFTX
7. AZN
8. CGEM
9. SATL
10. BAC

Go back to Snap (SNAP) Tops Q2 EPS by 18c, Misses on Revenue; Offers Q3 Guidance

Snap Inc. Announces Second Quarter 2024 Financial Results

August 1, 2024 4:10 PM EDT

Second quarter revenue increased 16% year-over-year to $1,237 million

Daily Active Users increased 9% year-over-year to 432 million

Net loss improved 34% year-over-year to $249 million

Adjusted EBITDA improved 243% year-over-year to $55 million

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended June 30, 2024.

Our community grew to reach more than 850 million monthly active users in Q2, with more than 11 million Snapchat+ subscribers, said Evan Spiegel, CEO. We continued to scale our advertising... More