Snap Inc.

Traackr and Snap Team Up to Deliver Valuable Creator Insights for More Effective Brand Collaborations

Retrieved on: 
Tuesday, February 13, 2024

"Snapchat has emerged as a preferred platform among young consumers who demand authenticity and real connections," said Pierre-Loïc Assayag, CEO and co-founder, Traackr.

Key Points: 
  • "Snapchat has emerged as a preferred platform among young consumers who demand authenticity and real connections," said Pierre-Loïc Assayag, CEO and co-founder, Traackr.
  • Powered by the Snapchat Creator API, Traackr's platform will now offer brands deeper creator insights to manage campaigns more efficiently on Snapchat.
  • Traackr now provides even more benefits for brands looking to harness the power of influencer marketing on Snapchat.
  • "Snap and Traackr are making it easier for brands to partner with the Snapchat creator community, gaining access to unparalleled data before engaging them in brand collaborations – no guesswork involved."

Snap Inc. (SNAP) stock tanks after reporting decelerating growth in DAUs - Hagens Berman

Retrieved on: 
Monday, February 12, 2024

SAN FRANCISCO, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Snap Inc. (NYSE: SNAP) investors who suffered losses in excess of $250,000 to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Snap Inc. (NYSE: SNAP) investors who suffered losses in excess of $250,000 to submit your losses now .
  • “We’re focused on investors’ losses and whether Snap may have misled investors about its ability to capture increased ad spending,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
  • Quarterly revenues came in at about $1.36 billion, just a 5% year-over-year increase and missing analysts’ consensus.
  • While the company said that its daily active user base grew 10% year-over-year to 414 million, that rate decelerated from prior quarters.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Snap Inc. - SNAP

Retrieved on: 
Sunday, February 11, 2024

NEW YORK, Feb. 11, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Snap Inc. (“Snap” or the “Company”) (NYSE: SNAP).

Key Points: 
  • NEW YORK, Feb. 11, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Snap Inc. (“Snap” or the “Company”) (NYSE: SNAP).
  • The investigation concerns whether Snap and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • On February 6, 2024, post-market, Snap issued a press release announcing its financial results for the quarter and full year ended December 31, 2023.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

IAB and MRC Release Augmented Reality Measurement Guidelines For Public Comment

Retrieved on: 
Thursday, February 8, 2024

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- In collaboration, the Interactive Advertising Bureau (IAB) and Media Rating Council (MRC) have released their Augmented Reality (AR) Measurement Guidelines to establish clear and consistent definitions and measurement guidelines for ads within Augmented Reality campaigns. The guidelines are open for public comment for a 30-day period until March 9th, 2024.

Key Points: 
  • Public Comment Open Until March 9, 2024
    NEW YORK, Feb. 8, 2024 /PRNewswire/ -- In collaboration, the Interactive Advertising Bureau (IAB) and Media Rating Council (MRC) have released their Augmented Reality (AR) Measurement Guidelines to establish clear and consistent definitions and measurement guidelines for ads within Augmented Reality campaigns.
  • The guidelines are open for public comment for a 30-day period until March 9th, 2024.
  • The IAB AR Measurement Guidelines Task Force, working with MRC, set forth guidelines for advertisers and marketers to quantify how much media is delivered, and gauge how well their media achieved their business objectives within AR media campaigns.
  • The AR Measurement Guidelines Task Force is playing a leading role in defining the future of AR advertising, and we look forward to using these guidelines to help partners maximize their AR outcomes."

Snap Inc. (SNAP) stock tanks after reporting decelerating growth in DAUs - Hagens Berman

Retrieved on: 
Wednesday, February 7, 2024

SAN FRANCISCO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Snap Inc. (NYSE: SNAP) investors who suffered losses in excess of $250,000 to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Snap Inc. (NYSE: SNAP) investors who suffered losses in excess of $250,000 to submit your losses now .
  • “We’re focused on investors’ losses and whether Snap may have misled investors about its ability to capture increased ad spending,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
  • Quarterly revenues came in at about $1.36 billion, just a 5% year-over-year increase and missing analysts’ consensus.
  • While the company said that its daily active user base grew 10% year-over-year to 414 million, that rate decelerated from prior quarters.

Snap Inc. Files Annual Report on Form 10-K

Retrieved on: 
Wednesday, February 7, 2024

Snap Inc. (NYSE: SNAP) has filed its Annual Report on Form 10-K for the year ended December 31, 2023, with the Securities and Exchange Commission.

Key Points: 
  • Snap Inc. (NYSE: SNAP) has filed its Annual Report on Form 10-K for the year ended December 31, 2023, with the Securities and Exchange Commission.
  • The report, which includes Snap Inc.’s audited financial statements, is accessible at investor.snap.com .
  • A printed copy of the report may be requested free of charge by any stockholder by requesting a copy in writing to: Corporate Secretary, Snap Inc., 3000 31st Street, Santa Monica, California, 90405 USA.
  • The report is also available at www.sec.gov .

Snap Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 6, 2024

We grew and deepened our engagement with our community:

Key Points: 
  • We grew and deepened our engagement with our community:
    DAUs were 414 million in Q4 2023, an increase of 39 million, or 10%, year-over-year.
  • Snap Inc. will host a conference call to discuss the results at 3 p.m. Pacific / 6 p.m. Eastern today.
  • We calculate average Monthly Active Users for a particular quarter by calculating the average of the MAUs as of each calendar month-end in that quarter.
  • Note: For adjustments and additional information regarding the non-GAAP financial measures and other items discussed, please see “Non-GAAP Financial Measures,” “Reconciliation of GAAP to Non-GAAP Financial Measures,” and “Supplemental Financial Information and Business Metrics.”

Snap Inc. Commits to Santa Monica With Long-Term Lease Extension at BXP’s Santa Monica Business Park

Retrieved on: 
Tuesday, January 23, 2024

BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has signed a ten-year, approximately 467,000 square foot, multi-building lease extension with Snap Inc. at Santa Monica Business Park.

Key Points: 
  • BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has signed a ten-year, approximately 467,000 square foot, multi-building lease extension with Snap Inc. at Santa Monica Business Park.
  • “We are thrilled that Snap will continue to innovate and grow their business at Santa Monica Business Park,” stated Alex Cameron, Vice President, Leasing, Los Angeles Regional Director, BXP.
  • “Their commitment to Santa Monica, engagement with the surrounding community, and dedication to their employees’ experience are clear with this selection.”
    Santa Monica Business Park is an iconic 1.2 million square foot creative campus in the heart of the vibrant Sunset and Ocean Park neighborhoods.
  • With high profile technology and entertainment companies and an outdoor environment that extends creativity beyond the workplace confines, Santa Monica Business Park is one of the most sought-after properties in the area.

Snap Inc. Announces Date of Fourth Quarter and Full Year 2023 Results Conference Call

Retrieved on: 
Tuesday, January 9, 2024

Snap Inc. (NYSE: SNAP) will hold its quarterly conference call to discuss fourth quarter and full year 2023 financial results on Tuesday, February 6, 2024 at 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time).

Key Points: 
  • Snap Inc. (NYSE: SNAP) will hold its quarterly conference call to discuss fourth quarter and full year 2023 financial results on Tuesday, February 6, 2024 at 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time).
  • A live webcast and replay of the conference call will be accessible on Snap Inc.’s Investor Relations website for at least 90 days at: http://investor.snap.com .

Labaton Sucharow LLP Announces Amended Notice of Pendency and Proposed Settlement of Action for Record Holders and Beneficial Owners of (1) Snap Inc. Common Stock, as of December 15, 2023, and (2) Snap Inc. Class A Common Stock, as of July 19, 2022

Retrieved on: 
Monday, January 8, 2024

The complete Form 8-K filing is available at www.sec.gov or on the Investor Relations section of Snap Inc.’s website.

Key Points: 
  • The complete Form 8-K filing is available at www.sec.gov or on the Investor Relations section of Snap Inc.’s website.
  • Pursuant to that Amended Stipulation of Compromise and Settlement, Snap Inc. is publishing an amended summary notice of pendency and proposed settlement of action.
  • This Amended Summary Notice advises Snap stockholders and potential members of the Class of information about the Action and the proposed Settlement.
  • Data, Ltd., at 1-877-495-0883 or [email protected] , or you can download a copy of the Amended Long-Form Notice from the Settlement website, www.snapstockholderlitigation.com .