Evan Spiegel, CEO of Snap Inc. attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., on July 9, 2025.
Snap shares were up over 5 percent in after-hours trading on Wednesday after the Snapchat-parent released fourth-quarter earnings that beat on sales. The company also announced a $500 million stock repurchase program.
Here is how the company did compared with Wall Street's expectations:
Earnings per share : 3 cents. That figure is not comparable to analysts' estimates.
: 3 cents. That figure is not comparable to analysts' estimates. Revenue : $1.72 billion vs. $1.70 billion expected, according to LSEG
: $1.72 billion vs. $1.70 billion expected, according to LSEG Global daily active users : 474 million vs. 478 million expected, according to StreetAccount
: 474 million vs. 478 million expected, according to StreetAccount Global average revenue per user (ARPU): $3.62 vs. $3.56 expected, according to StreetAccount
The social media company said first-quarter revenue will be in the range of $1.50 billion to $1.53 billion, which is below analyst estimates of $1.55 billion.
Sales in Snap's fourth quarter rose 10% year over year, while net income was $45.2 million, which was up nearly 400% from the $9.1 million it reported a year ago.
Snap said that fourth-quarter adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, was $358 million, topping the $300 million that StreetAccount was projecting.
... continue reading