Snap (SNAP) Stock; Gains as Revenue Jump and Expanding User Base Offset Perplexity Deal Loss – CoinCentral

TLDRs;

• Snap posts strong revenue growth despite losing major AI partnership deal
• Daily active users rise globally, led by international expansion
• Subscriptions and ads help offset North American weakness
• Investors focus on execution and cost discipline over AI setback

Snap Inc. surprised markets with a stronger-than-expected performance in its latest quarterly results, pushing its stock higher despite lingering concerns over strategic setbacks. The Snapchat parent reported a 12% year-over-year increase in revenue, reaching approximately $1.53 billion, driven by both advertising momentum and expanding subscription-based offerings.

Although the company’s shares initially faced pressure in after-hours trading following cautious guidance, investor sentiment gradually stabilized as analysts focused on underlying operational improvements. Snap’s improving margins and stronger cash generation helped shift attention away from short-term uncertainties.

The company’s ability to deliver growth in a challenging digital advertising environment has reinforced confidence that its restructuring efforts are beginning to take hold.

User Growth Rebounds Globally

A key driver behind Snap’s improved outlook was a rebound in its global user base. Daily active users climbed to 483 million, reflecting an increase of roughly 9 million from the previous quarter. This growth was largely fueled by markets outside North America and Europe, where engagement continues to…