Hey there fellow gamers! Just wanted to share some exciting news I picked up today about my favorite platform, Snapchat. They just dropped their Q4 2024 earnings report, and let me tell you, they knocked it out of the park! Not only did they surpass predictions on earnings per share (EPS), but they also crushed revenue expectations too. It’s always a good feeling when your go-to app is thriving like this!
On February 4, 2025, Snapchat’s Q4 2024 earnings report was made public at market close. The company surpassed expectations, reporting EPS of $0.16 instead of the anticipated $0.14 EPS. Additionally, they reported a quarterly revenue of $1.56 billion, exceeding predictions of $1.5 billion. It’s safe to say Q4 2024 was a successful quarter for Snapchat, being the only major social media platform with Donald Trump still banned from it.
Snapchat CEO, Evan Spiegel, had this to say about the quarter’s results:
To get the latest on Snapchat and other tech and gaming firms sharing their earnings for this season, make sure to follow Shacknews, particularly our dedicated financial section.
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2025-02-05 00:57