Snap Inc. has lost -$11 billion since going public, and their market cap is only $17.5 billion. 💸 They’ve had only one profitable quarter since their 2017 IPO. 📉 Revenue has been stagnant since 2022, while gross margins keep declining. Yet instead of bolstering their core business, and serving ads more effectively, management is investing more in hardware with AR Spectacles. If Snap doesn’t address their foundational issues soon, they might run out of resources for any initiatives. Including their core business. For Snap users, have you noticed any improvements in the social experience that could turn this around? Or should leadership rethink their strategy? 🤔
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Snap Inc. Surprises with Profitable Q1 and Bright Outlook! Snap Inc. (NYSE: SNAP) just turned heads with a surprisingly profitable first quarter in 2024, where no one saw profits coming! This stellar performance isn't just about the numbers; it shines a spotlight on their solid financial health and distinguishing them in the lively social media market. And there's more good news! Buoyed by their strong performance, Snap has upped their forecasts for the next quarter, signaling they’re not slowing down anytime soon. This boost in guidance has sparked a wave of optimism among investors, propelling Snap’s stock up a whopping 27.63% to close at $14.55. You can dive into all the financial details and strategic moves by accessing the https://meyka.com/ . Here we provide accurate data with the source of Financial Modeling Prep Follow us for more insights and latest news! Disclaimer: #Meyka provides information only, not investment advice. Always do your own research and talk to a certified financial advisor before investing. #AIstocks #Snapchat #Earnings #Investments
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**Only put off until tomorrow what you are willing to die having left undone** **📈 Snap Stock Soars Premarket After Upbeat Q3 Earnings: Retail Is Exuberant 🚀** Investors are buzzing with excitement as Snap Inc., the parent company of Snapchat, reported impressive Q3 earnings. The company's revenue surged 15% year-over-year to reach $1.37 billion, slightly surpassing Wall Street's estimate of $1.36 billion. This remarkable growth indicates that Snap continues to attract advertisers and engage its user base effectively. Snap's positive earnings report is a clear sign of the company's resilience and strategic direction. Despite increasing competition in the social media landscape, Snap has managed to grow its revenue and maintain strong user engagement. With such encouraging results, investors are experiencing the Fear of Missing Out (FOMO) and considering the potential of adding Snap stock to their investment portfolios. As an investor, it is essential to explore opportunities like this to maximize returns and diversify your holdings. Don't miss out on the chance to invest in a company that has consistently demonstrated its ability to adapt and thrive in a dynamic market. Take action now to explore the potential of Snap stock and leverage the growth potential of the healthcare sector. #hsa #investing #healthcare #health #family #wellness 💪💰📈✨
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Have you ever wondered which company could be leading the next big revolution in augmented reality (AR)? I did, and what I found was not just surprising but incredibly promising: Snap Inc. is positioned to transform the AR landscape in ways we can barely imagine. I recently found myself diving deep into the world of AR and exploring its potential impact on advertising and technology. My curiosity led me to a fascinating journey through Snap Inc.’s innovations and their promising future. I analyzed Snap Inc.’s advancements in AR, their stock performance over the last five years, and the effects of COVID-19 and changing advertising policies. The result? A comprehensive white paper that outlines why I believe Snap is an undervalued stock poised for substantial growth. If you’re interested in AR, advertising trends, or investment opportunities, I invite you to check out my white paper. Enjoy the read, and I’d love to hear your thoughts! #AugmentedReality #SnapInc #Investing #TechTrends #DigitalMarketing #Advertising #Innovation #StockAnalysis
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Yesterday, Snap Inc. released their new Spectacles, marking another chapter in the intense gadget war among the worlds largest tech producers, which is always exciting. However, what's even more captivating is the full-on battle now unfolding over the narrative about technology. Is technology evil and does it create isolation? Or does some technology acxtually promote interaction and foster social communities? The fight over this narrative will be truly fascinating to follow in the future. Watch the video to learn more about tomorrow's heroes and villains; according to Snap. #tech #futures #techforgood
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Big news from Snap Inc. (NYSE: SNAP)! The company has delivered an unexpectedly positive earnings report for the first quarter of 2024, showing a profit where none was anticipated. This remarkable performance not only highlights Snap's financial health but also showcases its operational efficiency, setting it apart from competitors in the bustling social media landscape. What’s even more encouraging is Snap’s decision to raise its guidance for the second quarter of 2024. This move demonstrates management's confidence in the company's ongoing strong performance and signals potential future gains, sparking increased investor confidence and optimism. Following this news, Snap’s stock has seen a significant uptick, closing at $14.55—a robust 27.63% increase, or a gain of $3.15. Such a surge underscores the market’s positive reaction to Snap's current trajectory and future prospects. 📌 For those interested in digging deeper into Snap's financial maneuvers and strategic outlook, you can access the full earnings call transcript. 📌 You can explore the details of Snap's recent successes and their strategic planning for the future through the FMP's Earnings Transcript Endpoint. 📌 This endpoint provides the full transcript of earnings calls, offering detailed insights into a company’s financial performance and strategic direction. 📌 Check it out here to get a closer look at how Snap is shaping its future: https://lnkd.in/dm6fNCHr #Snapchat #Earnings #Endpoint #API
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Snap Inc. and Boston Consulting Group (BCG) teamed up for a study on India’s Gen Z’s purchasing power. This report is titled "The $2 Trillion Opportunity: How Gen Z is Shaping the New India". Key insights from the report: With a staggering 377 million, Gen Z stands as the largest generation ever to live in India Gen Z’s collective spending power reaches an impressive $860 billion, constituting 43% of the country’s total consumption 1 of 4 Gen Z are already in the workforce, in the next 10 years every 2nd Gen Z will be earning A powerful nearly 80% of Gen Z rely on immersive visuals as their go-to everyday communication
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That’s me…and my brother Joe. This photo was taken while we were hanging out at a rooftop bar in Vegas, away from the Strip, away from crowds, just sitting back and talking about life and business. We cofounded Snapbar together back in 2012, so this year we celebrate 12 years of working together. It’s been a WILD journey. We’ve had super-high highs. We’ve invented category defining products, were voted ‘most innovative’ people in events by BizBash, we made #473 on the INC 5000 list, and have traveled all over the US together working with some of the most interesting and creative brands out there. We’ve also had super-low lows. We watched our entire company crumble around us during the pandemic, conducted multiple layoff rounds, seen the bank accounts almost hit rock bottom, been stressed to the point of panic attacks and even gotten in a couple arguments that resulted in us not wanting to speak to each other for a few days. We meet so many people who don’t understand how we’ve been able to work so well together, 99% of the time, for more than a decade. They often have horror stories of working with partners and sometimes family and it all going so terribly wrong. We can’t relate to all of those stories, but we both feel we know how it can end up there. Through all the wins and failures, bright moments and dark seasons, one major lesson has stood the test of time, and it’s this: In the good and bad of business (and it’s always a mix of both), it is NEVER worth putting work, money, or any other aspect of the company in front of relationships…especially relationships with family. At the end of the day, Joe and myself would love to keep running with Snapbar and doing more of what we’ve done so far. But even if that plan doesn’t work out, things go south or business turns sour…you’ll still find us hanging out. We’ll still be brothers and best friends. We’ll still be finding the quiet cocktail bar or space away from the crowds, talking, laughing and dreaming about what’s next. Why? Because that’s why we do this in the first place. That IS our goal.
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Digital advertising is so back 😎 After a rough couple of years mired by a significant dip in ad spending due to inflation, layoffs, and general cost cutting, top digital advertising companies appear to be back in growth mode 📈 Meta, Snap Inc., and Google all reported earnings growth last week that exceeded analysts expectations at rates not seen since 2021, driven primarily by growth across their respective ad businesses 🤑 These positive signs point to a broader advertising marketplace that is clearly on the upswing... investors will get another glimpse of potential forward momentum this week with more earnings from the likes of Amazon, Apple, and Pinterest (the freshly IPO'd Reddit, Inc. will hold its first earnings call next week) #DigitalAdvertising #DigitalMedia #EarningsSeason #BigTech #PersonalFinance
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How many of you recall - Snapdeal | AceVector Group's Rollercoaster: Success, then Strife and Failure (Ignore - AceVector) While exploring Meesho's story, I stumbled upon Snapdeal while browsing through e-commerce giants like Amazon and Flipkart. This reminded me of Snapdeal's rollercoaster journey, once a shining star that turned to stardust in the blink of an eye. ⭐💫 From Ratan Tata's backing to controversies with Aamir Khan and layoffs, Snapdeal's story resembled a gripping television drama, captivating Silicon Valley and sparking discussions everywhere. 🎬📰 Did you know about the extensive list of investors who attempted to rescue it from its downfall? ✔️💼 Snapdeal faced internal challenges like indiscriminate hiring, corruption, and a flawed business model, failing to sustain its initial success. Lack of focus, shifting goals, and failure to stand out from competitors like Amazon and Flipkart led to its demise, akin to Paytm Mall. Snapdeal's tale serves as a cautionary reminder for India's e-commerce industry, with lessons on addressing underlying issues to avoid bursting bubbles. 🛑💡 By the way snapdeal is making a comeback and hopefully, its get its mojo back under Snapdeal | AceVector Group hood! For expert guidance in navigating the complexities of investment banking, including fundraising, due diligence, valuations, and mergers and acquisitions, turn to M&A Experts Advisory Firm - your trusted one-stop solution. 💼🔍
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There does not appear to be any official connection publicly documented linking employees across Google, Geekbar, Marvel Snap, and Grindr. However, Marvel Snap, developed by *Second Dinner Studios* and published by *#Nuverse*, had layoffs under ByteDance’s gaming division, highlighting potential instability within their broader operations. Grindr, an entirely separate company, has its own focus on community safety and regulatory challenges, with no clear ties to either Marvel Snap or Google. While you raise an interesting question, no current investigations or published reports have surfaced that connect individuals working across these platforms or companies. If you're concerned about possible hidden relationships or conflicts of interest, it would be worth further monitoring any legal or investigative developments around these companies [oai_citation:2,ByteDance's latest layoffs have reportedly gutted the publisher of Marvel Snap](https://lnkd.in/eDrND4x8) [oai_citation:1,Grindr’s Commitment to Addressing Online Harms | Grindr](https://lnkd.in/em5p98Ry).
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