Snap Shares Plunge 25% on Q2 Warning

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The company issued its Q2 guidance on April 21, 2022, expecting revenue growth of 20-25% year-over-year, and adjusted EBITDA between breakeven and $50 million.

The news is also impacting peers like Meta Platforms Inc (NASDAQ:FB), Google (NASDAQ:GOOGL), Twitter (NYSE:TWTR), and Pinterest, Inc. (NYSE:PINS), which are all down between 3 and 9% after-hours.

By Davit Kirakosyan

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