Snap's new augmented-reality Spectacles '24 have Qualcomm Snapdragon processors in common with the other gadgets shown off at ...

The first edition of Spectacles launched in 2016, but the effort has not increased revenue for Snap, whose business relies on selling digital advertising. Larger rivals are also racing to advance AR.

Amazon is reportedly developing smart glasses for delivery drivers to further maximize their efficiency. The glasses, first ...

Fourth-quarter sales will be between $1.51 billion and $1.56 billion ... Snap CEO Evan Spiegel said in a statement. In ...

The company reported adjusted earnings of 8 cents per share, up from 2 cents a year earlier and beating the consensus ...

Analysts polled by FactSet expected Snap to lose 14 cents a share, on sales of $1.36 billion ... and rolled out Spectacles, its augmented-reality glasses. Last month, the company said it was ...

Snap's newest AR Spectacles represent a bid to expand in a struggling market ... Indeed, the company’s loss shrunk 34% in the second quarter ended Aug. 1 compared to 2023. Its revenue grew 16% year ...

For third-quarter 2024, Snap expects total revenues between $1.335 billion and $1.375 billion ... the introduction of the fifth generation of Spectacles, standalone AR glasses powered by Snap ...

On the profitability front, we project a 2024 GAAP operating loss of $971 million, down from $1.4 billion in 2023 ... its hardware product line, Spectacles. Snap has attempted to ride the AI ...

Baidu’s entry into smart glasses comes as US tech groups Meta and Snap are rushing to dominate the market outside China © Jade Gao/AFP/ China’s Baidu joins Meta in race to make AI-integrated smart gla ...

Snap shares jumped over 10% after earnings as the company saw third quarter revenue rise 15% to over $1.37 billion, beating ...

Morgan Stanley analyst Brian Nowak has maintained their neutral stance on SNAP stock, giving a Hold rating on October 30. Brian Nowak has ...