welcome
CNBC

CNBC

Technology

Technology

Snap plunges 14% on 'headwinds' to start quarter, inability to offer guidance

CNBC
Summary
Nutrition label

80% Informative

Snap reported better-than-expected first-quarter revenue, but declined to provide guidance.

Sales in Snap 's first quarter jumped 14% to $1.36 billion from the year-ago period.

The company didn't offer second quarter guidance, citing uncertainties with "how macro economic conditions may evolve in the months ahead , and how this may impact advertising demand" Shares dropped 14% in after-hours trading.

VR Score

90

Informative language

95

Neutral language

87

Article tone

semi-formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links