Snap Inc. Files 8-K for Financial Results and Exhibits

TL;DR

**Snap just dropped its latest financials, get ready for potential stock movement.**

AI Summary

Snap Inc. filed an 8-K on February 6, 2024, to report its results of operations and financial condition, as well as to furnish financial statements and exhibits. This filing, under Items 2.02 and 9.01, indicates that the company is providing updated financial information to the public. For investors, this matters because it signals that Snap Inc. is releasing its latest financial performance data, which could impact the stock's valuation and future outlook.

Why It Matters

This filing means Snap Inc. is releasing its latest financial performance, which is crucial for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: medium — The risk level is medium because the filing itself doesn't contain the financial results, but merely announces their release, which could lead to significant stock volatility depending on the actual numbers.

Analyst Insight

A smart investor would await the actual financial results and exhibits mentioned in this 8-K before making any investment decisions, as this filing only announces their release, not the details themselves.

Key Numbers

• $0.00001 — par value per share (par value of Snap Inc.'s Class A Common Stock)

Key Players & Entities

• Snap Inc. (company) — the registrant filing the 8-K
• February 6, 2024 (date) — date of the earliest event reported and filing date
• Delaware (company) — state of incorporation for Snap Inc.
• 001-38017 (dollar_amount) — Commission File Number for Snap Inc.
• 45-5452795 (dollar_amount) — IRS Employer Identification No. for Snap Inc.
• 3000 31st Street Santa Monica, California 90405 (company) — address of principal executive offices for Snap Inc.
• (310) 399-3339 (dollar_amount) — telephone number for Snap Inc.
• Class A Common Stock, par value $0.00001 per share (company) — title of class of securities registered
• SNAP (company) — trading symbol for Snap Inc.
• New York Stock Exchange (company) — exchange on which Snap Inc. stock is registered

Forward-Looking Statements

• Snap Inc.'s stock price will experience volatility following the full release of the financial results. (SNAP) — high confidence, target: 2024-02-07
• Analysts will update their price targets and ratings for Snap Inc. based on the disclosed financial condition. (SNAP) — medium confidence, target: 2024-02-13

FAQ

Key Financial Figures

• $0.00001 — stered Class A Common Stock, par value $0.00001 per share SNAP New York Stock Exchange

Filing Documents

• snap-20240206.htm (8-K) — 28KB
• snap-202426xexx991pressrel.htm (EX-99.1) — 593KB
• snapincq42023investorlet.htm (EX-99.2) — 47KB
• snapincq42023investorlet001.jpg (GRAPHIC) — 61KB
• snapincq42023investorlet002.jpg (GRAPHIC) — 249KB
• snapincq42023investorlet003.jpg (GRAPHIC) — 163KB
• snapincq42023investorlet004.jpg (GRAPHIC) — 216KB
• snapincq42023investorlet005.jpg (GRAPHIC) — 186KB
• snapincq42023investorlet006.jpg (GRAPHIC) — 204KB
• snapincq42023investorlet007.jpg (GRAPHIC) — 220KB
• snapincq42023investorlet008.jpg (GRAPHIC) — 196KB
• snapincq42023investorlet009.jpg (GRAPHIC) — 220KB
• snapincq42023investorlet010.jpg (GRAPHIC) — 193KB
• snapincq42023investorlet011.jpg (GRAPHIC) — 197KB
• snapincq42023investorlet012.jpg (GRAPHIC) — 175KB
• snapincq42023investorlet013.jpg (GRAPHIC) — 136KB
• snapincq42023investorlet014.jpg (GRAPHIC) — 37KB
• snapincq42023investorlet015.jpg (GRAPHIC) — 233KB
• snapincq42023investorlet016.jpg (GRAPHIC) — 253KB
• snapincq42023investorlet017.jpg (GRAPHIC) — 204KB
• snapincq42023investorlet018.jpg (GRAPHIC) — 172KB
• snapincq42023investorlet019.jpg (GRAPHIC) — 32KB
• 0001564408-24-000017.txt ( ) — 5474KB
• snap-20240206.xsd (EX-101.SCH) — 2KB
• snap-20240206_def.xml (EX-101.DEF) — 4KB
• snap-20240206_lab.xml (EX-101.LAB) — 27KB
• snap-20240206_pre.xml (EX-101.PRE) — 15KB
• snap-20240206_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On February 6, 2024, Snap Inc. reported financial results for the three months and full year ended December 31, 2023. A copy of the press release and the investor letter are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and incorporated by reference. The press release and investor letter are furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information shall not be deemed incorporated by reference into any other filing with the Securities and Exchange Commission made by Snap Inc., whether made before or after today's date, regardless of any general incorporation language in such filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release dated February 6, 2024 . 99.2 Investor Letter dated February 6, 2024 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SNAP INC. Date: February 6, 2024 By: /s/ Derek Andersen Derek Andersen Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR