Snap (SNAP) Tops Q1 EPS by 2c, DAUs were 190 million, Offers Q2 Guidance

Snap (NYSE: SNAP) reported Q1 EPS of ($0.10), $0.02 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $320.4 million versus the consensus estimate of $306.48 million.

DAUs were 190 million in Q1 2019, compared to 186 million in Q4 2018 and 191 million in Q1 2018.

GUIDANCE:

Snap sees Q2 2019 revenue of $335-360 million, versus the consensus of $348 million.

• Adjusted EBITDA is expected to be between $(150) million and $(125) million, compared to $(169) million in Q2 2018.

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

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