(Updated - October 25, 2018 4:13 PM EDT)

Snap (NYSE: SNAP) reported Q3 EPS of ($0.12), 2 cents better analyst estimate of ($0.14). Revenue for the quarter came in at $298 million versus the consensus estimate of $283.21 million.

• Our community grew 5% year-over-year to 186 million Daily Active Users. DAUs were down 1% compared to the prior quarter.
• We launched Snap Original Shows and the debut of serialized Shows, our first slate of exclusive scripted Shows and docuseries.
• In Q3, 21 unique Shows in Discover reached a monthly active audience of over 10 million viewers.
• CBS’ Snapchat Show “James Corden’s Next James Corden” won two Emmy awards: Outstanding Short Form Comedy or Drama Series and Outstanding Actor in a Short Form Comedy or Drama Series.
• We announced partner curated Our Stories and added over 25 media partners to increase the volume and variety of content available in Discover on Snapchat. Partners include CNN, digital brands like Overtime, and longtime partners like Hearst.
• We extended our partnerships with NBCUniversal and Viacom to create even more content for our users worldwide. NBCUniversal extended its content production commitments through 2019, and Viacom has committed to creating 10 new Snap Original Shows. Viacom also committed to syndicating at least 500 episodes of its network’s shows to the Snapchat audience.
• We partnered with Amazon to bring a new shopping experience to our community, accessible right from the Snapchat camera. Snapchatters can simply point the Snapchat camera at a physical product or barcode, and press and hold the screen to get started.
• We introduced two new styles of Spectacles: Nico and Veronica. Both designs come in black-on-black with polarized lenses.
• On National Voter Registration Day, we offered a new way for our community to register to vote quickly and easily — right in Snapchat with TurboVote — and attracted over 400,000 new voter registrations according to TurboVote.
• Snapchatters have saved more than 200 billion Snaps in Memories

GUIDANCE:

Snap sees Q4 2018 revenue of $355-380 million, versus the consensus of $370.96 million.

“We’re investing in long-term growth opportunities and driving operational efficiencies,” said Tim Stone, Snap CFO. “We achieved record revenue and strong bottom-line results this quarter and expect a record fourth quarter, as we continue to invest in innovation for our community and scale our business.

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