Today's results mark the end of a long 2022 for Snap. Snap's 2022 ends with struggles that have dogged the company all year Snap stock plunged in after-hours trading by about 13%. 'We continue to face significant headwinds as we look to accelerate revenue growth, and we are making progress driving improved return on investment for advertisers and innovating to deepen the engagement of our community,' CEO Evan Spiegel said in a statement. The Los Angeles-based company added that it expects to see its DAUs grow to between 382 million and 384 million in Q1 2023. Looking ahead, Snap's Q1 2023 revenue guidance suggests a decline 'between -10% to -2% year-over-year.' However, that's an internal forecast and the company declined to provide an official one for the third straight quarter. The company also reported a net loss of $288 million, a stark comparison to the net income of $23 million that Snap reported this time last year. Q4 Revenue: $1.3 billion actual versus $1.31 billion expectedĪdjusted Earnings Per Share (EPS): 14 cents versus 11 cents expectedĭaily Active Users (DAUs): 375 million versus 374.7 million expected Here are the key numbers that emerged from Snap's report, as compared with Wall Street's estimates: 31, meeting analysts' expectations on revenue and user growth, but clocking a net loss and weak guidance for this year's Q1. Snap ( SNAP) reported its Q4 2022 earnings on Jan.

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