Snap Inc. is a technology and social media company based in the United States. The company’s financial condition can be assessed by analyzing its revenue over the past year. According to the data table, Snap Inc.’s revenue for the fiscal year ending March 31, 2023 was forecasted to be $1.3 billion, but actual reported revenue for the period was zero. In comparison, for the previous period ended December 31, 2022, reported revenue was $1.30 billion, slightly above analysts’ estimates of $1.29 billion. For the quarter ending September 30, 2022, Snap Inc. reported total revenue of $1.13 billion which was in line with analyst forecasts of $1.14 billion while reported earnings per share (EPS) came in at 0.08 versus expectations of 0%.
For the quarter ending June 30, 2022, Snap Inc.’s total revenue was reported as $1.11 billion with adjusted EPS at -0.22 versus analyst estimates of -0.18 and revenues estimated at $1.14 billion; while for the quarter ended March 31, 2022, total reported revenues were significantly below analyst expectations of $3.83 billion as it stood at only $1.06 billion and EPS came in at -0.02 versus analysts’ projections of +0
