Snap Inc (SNAP) updates guidance (USD): raises Q1 Revenue 1.53bln (prev. guided 1.5-1.53bln), Adj. EBITDA 233mln (prev. guided 170-190mln); announces that it will lay off around 16% of its workforce

Snap Inc's update indicates a stronger-than-expected revenue and adjusted EBITDA outlook, which may suggest improved operational efficiency.

Newsquawk StaffPublished 15 Apr 2026, 10:33 UTCOn the live feed at 10:13 UTC — 6 more headlines followed before this page went public

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10:16

Iran's military warns the US against continuing the naval blockade, stating that a continued blockade would break the ceasefire and warns IRGC "will not allow any export and import to continue in the Persian Gulf, Oman Sea and Red Sea", local TV reports

10:14

US President Trump says he wants to keep the reconciliation bill "slim"; says tax refunds are really significant - Fox Business Interview from April 14th

10:13

Snap Inc (SNAP) updates guidance (USD): raises Q1 Revenue 1.53bln (prev. guided 1.5-1.53bln), Adj. EBITDA 233mln (prev. guided 170-190mln); announces that it will lay off around 16% of its workforce

10:10

Citi says they mark their 0-3 month copper price forecast to USD 13k/t; revises 0-3 month base metals forecast to modestly bullish nickel to USD 19k/t, neutral Zinc, Lead and Tin

10:09

US President Trump oil prices will fall soon; oil will be down to the levels it was, maybe lower, does not expect oil at highs at the midterms ; gas prices are coming down before midterms - Fox Business Interview from April 14th

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Context

However, the announced layoffs of 16% of its workforce raise concerns about restructuring efforts and overall company health, potentially overshadowing the positive guidance in the current market context.

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