Snap Inc. reported its fourth-quarter earnings, surpassing expectations with a revenue of $1.56 billion, up 14% from the previous year, and an adjusted earnings per share of $0.16, beating the consensus estimate of $0.14. The company also reported a net income of $9 million, a significant improvement from a net loss of $248 million in the prior year. Daily active users (DAUs) increased by 9% year-over-year to 453 million, adding 39 million new users. Snap's advertising platform saw improvements, with active advertisers more than doubling in the quarter. The company's Snapchat+ subscription service grew to 14 million subscribers, contributing to a 131% year-over-year increase in 'other revenue', reaching an annualized revenue run rate of over $500 million. For the first quarter, Snap anticipates revenue between $1.325 billion and $1.36 billion, with expected DAUs of approximately 459 million. However, the company provided a lighter-than-expected adjusted EBITDA forecast for the first quarter, ranging from $40 million to $75 million, below the analyst expectation of $78 million. Snap's shares experienced volatility, initially rising 12% after hours but later showing mixed movements in pre-market and regular trading sessions.