Snap River is 15% after retention management, citing ads with advertising

Hair Shares on Wednesday decreased by more than 15% after the social media campaign Detained the management in the second quarter Of -wit macroeconomic environment.

“While our income from Topline continues to grow, we survived the winds to start the current quarter and we consider said on Tuesday on TuesdayAdding that macro conditions can affect the demand for advertising.

Snap Derek Andersen, Head of Finance Snap, said that during the salary, some advertisers have already observed the impact from changes to the liberation from the minimum. A breakthrough that ends FridayCurrently, supplies up to $ 800 to enter the US without their job.

President Donald Trump‘S change rate The plans have created a restless background for companies this season. Fears of a weakening economy Also caused concern that companies could alleviate advertising costs where SNAP makes a key income component.

The company said advertising revenue increased by 9% to $ 1.21 billion per year.

Despite the restraining leadership, SNAP reported 14%income growth, which increased by $ 1.36 billion compared to $ 1.36 billion. Snap’s loss also narrowed 54% to $ 140 million, or 8 cents per share, with approximately $ 305 million, or 19 cents last year. The loss occurred by the fee for $ 70.1 million related to the payment of cash, on the basis of stock, as well as other costs related to the restructuring of 2024.

Snap also signaled the permanent growth of users. Daily active users have increased to 460 million, which is compared to 453 million in the previous quarter. The company said it reached 900 million active users a month, which is 850 million in August, the last SNAP provided the Stat. During this period, the DAU dropped to 99 million out of 100 million in North America, but Snap says it doesn’t expect any more than this quarter.

Many at Wall -Ratitis expect the lack of a company visibility in the second quarter, and the macro -phone weigh shares and adjusted price targets to take into account it.

“While (value for sale) approaches the historical bottom and can support the stock, we once again emphasize our neutral rating, because Snap exerts pressure more than peers in the previous relies,” said Bank of America Justin Post.

Other companies in social media have seen the stock moving below, including Pinterest and Reddit, The last decrease by 4% and 8% respectively. Meta fell more than 2%.

See: Changes on the ads against the background of the tariffs: That’s what you need to know