- Snap (NYSE:SNAP): Q3 Non-GAAP EPS of $0.17 beats by $0.09; GAAP EPS of -$0.05 beats by $0.05.
- Revenue of $1.07B (+57.6% Y/Y) misses by $30M.
- Shares -23%.
- Press Release
- Daily Active Users increased 23% year-over-year to 306 million vs. 302.1M consensus.
- Average rev. per user of $3.49 vs. $3.63 consensus.
Q4 2021 Outlook: Revenue is estimated to be between $1.165B and $1.205B vs. $1.1B consensus.
- Adjusted EBITDA is estimated to be between $135 million and $175 million.