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TMTB SNAP First Take
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TMTB SNAP First Take

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TMT Breakout
Feb 04, 2025
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TMTB SNAP First Take
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SNAP +8%: Roughly in-line Q4 revs and guide; EBITDA Q4 better / Q1 EBITDA guide weaker

Expectations very low on this one so should be ok although nothing too special. EBITDA beat the bright spot: Q4 EBITDA $276M vs street $248M but Q1 guide weaker:

Q1 EBITDA guide a bit weaker at $40-$75M vs street at $80M

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