Welcome to our dedicated page for Snap news (Ticker: SNAP), a resource for investors and traders seeking the latest updates and insights on Snap stock.
Snap Inc. (NYSE: SNAP) is a technology and software publishing company built around Snapchat, a visual messaging app that uses the camera to help people express themselves, live in the moment, learn about the world, and have fun together. The Snap Inc. news feed on this page brings together company announcements, product updates, financial results, and partnership news that shape the story behind the SNAP stock symbol.
Recent Snap news highlights how the company manages growth, technology, and governance. Earnings releases and related 8-K filings describe trends in revenue, net loss, adjusted EBITDA, cash flow, and key operating metrics such as Daily Active Users and Monthly Active Users. These updates also explain how Snap’s advertising platform, subscription offerings like Snapchat+ and Lens+, and augmented reality investments contribute to its financial performance.
Investors and users can also follow news about Snap’s AR and AI initiatives, including developments in Lens Studio, generative AI lenses, and Spectacles AR glasses. Announcements have covered new AI-powered tools for developers, AR engagement statistics, and partnerships that extend Snap’s AR capabilities into live sporting events and venues through collaborations with companies such as RWS Global. In addition, Snap reports on AI partnerships like its agreement with Perplexity to integrate an AI-powered answer engine into Snapchat’s chat interface.
Corporate and governance news appears as well, including board changes, senior leadership transitions, stock repurchase authorizations, and debt offerings such as senior notes. Together, these updates provide context for how Snap Inc. operates as a public company, how it invests in camera-based communication, augmented reality, and AI, and how these efforts may influence the long-term trajectory of SNAP stock. Bookmark this page to review new press releases and regulatory-linked announcements as they are published.
Snap Inc. (NYSE: SNAP) announces its fourth annual Snap Partner Summit: Back to Reality will occur on
Snap Inc. (NYSE: SNAP) has announced the pricing of $1.3 billion in 0.125% convertible senior notes due 2028, up from the initially proposed $1.25 billion. The offering may include an additional $200 million in notes. The transaction is expected to close on February 11, 2022. Interest will be paid semiannually, and the notes are convertible under specific conditions. Snap projects net proceeds of approximately $1.284 billion for general corporate purposes, including working capital and potential acquisitions. The initial conversion price is approximately $56.34 per share, representing a 50% premium over the recent stock price.
Snap Inc. (NYSE: SNAP) announced plans to offer $1.25 billion of convertible senior notes due 2028 in a private placement, with an option for initial purchasers to buy an additional $200 million. The notes will be unsecured and accrue interest payable semi-annually, maturing on March 1, 2028. Proceeds will be used for general corporate purposes, working capital, and potential acquisitions. Snap will enter into capped call transactions aimed at reducing dilution for shareholders. The notes have not been registered under the Securities Act.
Aleph Group announced a minority investment from Snap Inc. to enhance digital advertising education for over 50,000 professionals across 90 countries. This partnership aims to create new digital jobs in underserved markets and build a proprietary educational tech platform. Aleph, a key advertising partner for Snap in 39 markets, will leverage this investment to amplify its mission of driving economic growth through digital skills. The strategic investment, which closed in December 2021, underscores the commitment of both companies to foster digital expertise globally.
Snap Inc. has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2021, with the Securities and Exchange Commission. The report includes audited financial statements and is accessible online at investor.snap.com or www.sec.gov. Stockholders can request a printed copy by writing to the company in Santa Monica, California. Snap Inc. aims to enhance communication through its camera technology.
Snap Inc. reported impressive financial results for Q4 2021 and the full year, achieving a 42% revenue increase to $1.3 billion in Q4 and a 64% rise to $4.1 billion for the year. Daily Active Users grew 20% year-over-year to 319 million. The company reported its first net income of $23 million as a public entity and positive operating cash flow of $293 million. Adjusted EBITDA surged 97% to $327 million in Q4. These results underscore Snap's progress in augmented reality investments, content offerings, and partnerships, solidifying its position in the competitive social media landscape.
Snap Inc. (NYSE: SNAP) will host its quarterly conference call on February 3, 2022, at 2:00 p.m. Pacific Time to discuss its fourth quarter and full year 2021 financial results. This live webcast will be available on Snap Inc.’s Investor Relations website for 90 days.
Snap Inc. is dedicated to reinventing the camera, aiming to enhance communication and personal expression. For more details, visit snap.com.
Snap Inc. (NYSE: SNAP) received an unsolicited mini-tender offer from TRC Capital Investment Corporation to purchase up to 2,000,000 shares of Snap's Class A common stock at $50.25 per share, which is 4.43% below Snap's recent closing price of $52.58 on October 29, 2021. Snap is not affiliated with TRC Capital and does not endorse the offer. It warns shareholders that they may receive below-market prices if they tender their shares, emphasizing the conditions of the offer and the risks highlighted by the SEC about mini-tender offers.
Snap Inc. (NYSE: SNAP) announced that Chief Financial Officer Derek Anderson will participate in the Morgan Stanley European Technology, Media & Telecom Virtual Conference on November 17, 2021, at 8:25 a.m. Pacific. A live webcast and replay will be accessible via Snap's Investor Relations website for 90 days. Snap Inc. focuses on reinventing the camera to enhance communication and human progress, enabling people to express themselves and have fun together. For details, visit snap.com.
Snap Inc. reported a strong Q3 2021, with revenue rising 57% year-over-year to $1,067 million. Daily Active Users (DAUs) reached 306 million, up 23% year-over-year. The net loss improved by 64% to $(72) million, while Adjusted EBITDA surged 209% to $174 million. Operating cash flow turned positive at $72 million, and Free Cash Flow was reported at $52 million.
Despite challenges in advertising targeting due to iOS changes and supply chain issues, Snap continues to innovate and expand its user engagement initiatives.
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