Snap (SNAP) reports In-Line Q2 EPS, DAUs increased 17% year-over-year to 238 million

(Updated - July 21, 2020 4:13 PM EDT)

Snap (NYSE: SNAP) reported Q2 EPS of ($0.09), in-line with the analyst estimate of ($0.09). Revenue for the quarter came in at $454 million versus the consensus estimate of $438.09 million.

• Daily Active Users increased 17% year-over-year to 238 million
• (Daily active users consensus estimate was 239.1 million)

Financial Guidance

Given the uncertainties related to the ongoing COVID-19 pandemic and the rapidly shifting macro conditions, we are not providing our expectations for revenue or Adjusted EBITDA for the third quarter of 2020.

For earnings history and earnings-related data on Snap (SNAP) click here.

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