Snap (SNAP) Misses Q1 EPS by 3c

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 (SNAP) click here.

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