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) drives innovation in visual communication through its flagship Snapchat platform and augmented reality solutions. This hub provides investors and industry observers with timely updates on corporate developments, financial performance, and technological advancements shaping the social media landscape.
Access official press releases alongside curated analysis of product launches, advertising partnerships, and strategic initiatives. Our coverage spans earnings reports, AR innovation milestones, and platform safety enhancements critical for evaluating Snap's market position.
Key focus areas include augmented reality developments, advertising ecosystem updates, and user growth metrics. Track Snap's collaborations with brand safety partners and creator economy expansions through verified sources.
Bookmark this page for consolidated access to Snap's evolving story. Check regularly for new filings, executive commentary, and technology patents that inform long-term investment perspectives.
Snap Inc. collaborates with the Los Angeles County Museum of Art (LACMA) to unveil Monumental Perspectives, a multi-year initiative featuring augmented reality monuments celebrating Los Angeles' diverse histories. The project introduces five immersive artworks accessible via Snapchat, including contributions from artists like Mercedes Dorame and I.R. Bach. These virtual installations can be experienced at various locations in Los Angeles and online at lacma.org/monumental. Supported by the Mellon Foundation, this initiative aims to transform public commemorative spaces.
Snap Inc. (NYSE: SNAP) will host its quarterly conference call on April 22, 2021, at 2:00 p.m. PT to discuss the first quarter 2021 financial results. Investors can access a live webcast and subsequent replay on Snap Inc.’s Investor Relations website for at least 90 days. Snap Inc. focuses on reinventing the camera, aiming to enhance how people live, communicate, and express themselves.
Snap Inc. (NYSE: SNAP) announced that Co-Founder and CEO Evan Spiegel will speak at the Morgan Stanley Technology, Media & Telecom Virtual Conference on March 3, 2021, at 11:00 a.m. Pacific Time. This session will focus on Snap's vision of reinventing the camera to enhance communication and expression. Investors can access a live webcast and replay on Snap's Investor Relations website for 90 days. For more details, visit investor.snap.com.
Snap Inc. (NYSE: SNAP) will host its Snap Partner Summit virtually on May 20, 2021. The event will feature a keynote by co-founders Evan Spiegel and Bobby Murphy, alongside other company leaders. Key announcements will focus on new products, features, and partnerships related to Snap's augmented reality and platforms aimed at creators and developers. The event starts at 9:45 a.m. PT, with the keynote at 10:00 a.m. PT. A replay will be available for 90 days on Snap's Investor Relations site and YouTube channel.
Snap Inc. (NYSE: SNAP) has filed its Annual Report on Form 10-K for the year ending December 31, 2020, with the SEC. This report includes the company's audited financial statements and is available for public access at investor.snap.com and www.sec.gov. Shareholders can request a printed copy by writing to the Corporate Secretary at Snap Inc.'s Santa Monica, California office. Snap Inc. aims to reinvent the camera to enhance communication and human progress.
Snap Inc. reported its Q4 2020 financial results showing a 62% revenue growth to $911 million year-over-year. Operating cash flow improved by $14 million to $(53) million, while free cash flow decreased by 9% to $(69) million. Net loss narrowed to $(113) million, down 53% from the previous year. Daily active users (DAUs) rose to 265 million, an increase of 22%. The company achieved its first full year of Adjusted EBITDA profitability and is optimistic about future investments in augmented reality and content.
Snap Inc. (NYSE: SNAP) is set to hold its quarterly conference call to review its fourth quarter and full-year 2020 financial results on February 4, 2021, at 2:00 p.m. PT (5:00 p.m. ET). Additionally, a virtual Investor Day for financial analysts and institutional investors will take place on February 23, 2021, starting at 9:00 a.m. PT (12:00 p.m. ET). The conference call and Investor Day will be accessible via webcast on Snap Inc’s Investor Relations website for 90 days.
Snap Inc. (NYSE: SNAP) has announced the appointment of Liz Jenkins, Chief Financial Officer of Hello Sunshine, to its board of directors effective December 10, 2020. Jenkins, who has extensive experience in finance, strategy, and operations, will also serve on the audit committee. CEO Evan Spiegel and Chairman Michael Lynton expressed confidence that Jenkins' expertise will greatly benefit the company, especially during this pivotal time. Jenkins holds an MBA from The Wharton School and a BA in Economics from Stanford University.
Snap Inc. (NYSE: SNAP) has launched Spotlight, a new content platform within Snapchat that highlights user-generated Snaps. Spotlight curates entertaining Snaps tailored to individual preferences, rewarding top creators with over $1 million daily through the end of the year. To participate, users must be at least 16 and comply with content guidelines. With over 4 billion Snaps created each day, Spotlight aims to enhance community expression while prioritizing user wellbeing and moderation. Currently, Spotlight is available in several countries, with plans for further expansion.
Snap Inc. (SNAP) reported significant financial improvements for Q3 2020. Revenue surged by 52% to $679 million, while net loss decreased to $(200) million. Operating cash flow improved by $21 million year-over-year, becoming $(55) million. Daily Active Users (DAUs) rose 18% year-over-year, reaching 249 million. The company did not provide revenue or Adjusted EBITDA guidance for Q4 2020 due to COVID-19 uncertainties. Adjusted EBITDA for Q3 was $56 million, a notable turnaround from $(42 million) in Q3 2019.
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