Snap (SNAP) Tops Q2 EPS by 18c, Revenue Misses, Doesn't Provide Guidance

Snap (NYSE: SNAP) reported Q2 EPS of ($0.02), $0.18 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.15 billion.

• DAUs were 347 million in Q2 2022, an increase of 54 million, or 18%, year-over-year.

Financial Guidance:

Given uncertainties related to the operating environment, we are not providing our expectations for revenue or adjusted EBITDA for the third quarter of 2022.

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

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