Snap reports its first quarterly net profit, with Q4 revenue of $1.3B, up 42% YoY, net income of $23M; revenue for FY 2021 grew 64% to $4.1B; stock is up 42%+ (Lauren Feiner/CNBC)

Lauren Feiner / CNBC:
Snap reports its first quarterly net profit, with Q4 revenue of $1.3B, up 42% YoY, net income of $23M; revenue for FY 2021 grew 64% to $4.1B; stock is up 42%+  —  – Snap reported earnings for the fourth quarter Thursday that beat analyst estimates on earnings, revenue and user growth.