Snapchat (SNAP) Q1 2024 earnings results beat EPS and revenue expectations

Snapchat reported better than expected revenue and EPS during Q1 2024.

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Snapchat (SNAP) reported its Q1 2024 earnings results today. The company beat both revenue and EPS expectations.

An after-hours stock chart for Snapchat (SNA) for April 25, 2024

Snapchat posted its Q1 2024 earnings results to its investor relations website. The company reported $1.2 billion in revenue against an expectation of $1.1 billion. In terms of earnings per share (EPS), Snapchat posted a surprise $0.03/share profit against expectations of a $0.05/share loss, and an EPS whisper number of $0.01/share loss.

Snapchat’s Q1 2024 results look good versus expectations leading up to the report. They aren’t the only company reporting, however. Be sure to visit the financial topic on Shacknews for more gaming and technology companies reporting earnings.

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