Snap (SNAP) Tops Q1 EPS by 5c, DAUs were 280 million, Offers Guidance

Snap (NYSE: SNAP) reported Q1 EPS of $0.00, $0.05 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $770 million versus the consensus estimate of $743.01 million.

• DAUs were 280 million in Q1 2021, an increase of 51 million, or 22%, year-over-year.

GUIDANCE:

Snap sees Q2 2021 revenue of $820-840 million, versus the consensus of $826.1 million.

• Adjusted EBITDA is estimated to be between $(20) million and breakeven, compared to $(96) million in Q2 2020.

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

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