Snap (NYSE:SNAP) reported Q1 EPS of ($0.02), $0.03 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.07 billion.
- DAUs were 332 million in Q1 2022, an increase of 52 million, or 18%, year-over-year.
Q2 2022 Outlook:
Revenue growth year-over-year is estimated to be between 20% and 25%.
Adjusted EBITDA is estimated to be between breakeven and $50 million.
For earnings history and earnings-related data on Snap click here.