Premium Ai Image Animated Artwork Snap on tuesday reported its slowest quarterly growth in more than a year, hurt by a temporary glitch in its ad platform and advertiser preference for bigger rivals such as meta, sending its. Reporting q3 results on wednesday, meta platforms (meta) and snap (snap) exceeded top and bottom line expectations but the social media leaders saw their stocks dip in today's trading.
Premium Ai Image Animated Artwork Meta and snap both generate most of their revenue from ads. but over the past year, meta grew its revenue at a much faster rate than snap even though it was gaining daily active users across. Over the last month, meta trades down 8.93%, as snap has shot up by 51.44%. whilst this is a shortened timeframe in a much longer battle, we want to take a look through some of the differences in the reports. Because it shows what earnings will confirm. meta had a blowout quarter driven by ai powered targeting, better engagement, better conversion, better roas. snap, on the other hand, struggled. Both meta and snap exceeded street estimates in their 3q23 eps and revenue, benefiting from a rebound in advertising demand. both meta and snap's reported user metrics (daus and maus) moved inline with sensor tower data.
Premium Ai Image Animated Artwork Because it shows what earnings will confirm. meta had a blowout quarter driven by ai powered targeting, better engagement, better conversion, better roas. snap, on the other hand, struggled. Both meta and snap exceeded street estimates in their 3q23 eps and revenue, benefiting from a rebound in advertising demand. both meta and snap's reported user metrics (daus and maus) moved inline with sensor tower data. In a first, 75% of snap’s revenue is now driven by performance ads, reducing the company’s dependence on brand spend and aligning tighter with the more elastic performance spend (deliver performance and spend will increase, plus probably ad prices). Snap snap reported decent third quarter earnings that included a mix of strong user growth and improving monetization, as measured by average revenue per user. growth in users and arpu was. In today's big tech earnings rundown, boardroom breaks down the financial outlooks for microsoft, alphabet, and snap. Meta's lower multiple, accelerating advertising growth, and clearer plans to counter tiktok and apple's changes still make it a much better buy than snap right now.
Premium Ai Image Animated Artwork In a first, 75% of snap’s revenue is now driven by performance ads, reducing the company’s dependence on brand spend and aligning tighter with the more elastic performance spend (deliver performance and spend will increase, plus probably ad prices). Snap snap reported decent third quarter earnings that included a mix of strong user growth and improving monetization, as measured by average revenue per user. growth in users and arpu was. In today's big tech earnings rundown, boardroom breaks down the financial outlooks for microsoft, alphabet, and snap. Meta's lower multiple, accelerating advertising growth, and clearer plans to counter tiktok and apple's changes still make it a much better buy than snap right now.
Premium Ai Image Animated Artwork In today's big tech earnings rundown, boardroom breaks down the financial outlooks for microsoft, alphabet, and snap. Meta's lower multiple, accelerating advertising growth, and clearer plans to counter tiktok and apple's changes still make it a much better buy than snap right now.
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