JPMorgan on Snap (SNAP): 'not giving Q3 guidance which is the focus point of this print', 'directionally negative for the digital ad names'

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/23/2026

1. ABBV
2. MU
3. SPCX
4. ACN
5. IBM
6. TSLA
7. DPZ
8. NVDA
9. PRIM
10. META

Go back to JPMorgan on Snap (SNAP): 'not giving Q3 guidance which is the focus point of this print', 'directionally negative for the digital ad names'

Snap Inc. Announces Second Quarter 2022 Financial Results

July 21, 2022 4:10 PM EDT

Daily Active Users increased 18% year-over-year to 347 million

Revenue increased 13% year-over-year to $1,111 million

Operating cash flow was $(124) million and Free Cash Flow was $(147) million

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended June 30, 2022.

While the continued growth of our community increases the long-term opportunity for our business, our financial results for Q2 do not reflect our ambition," said Evan Spiegel, CEO. "We are evolving our business and strategy to reaccelerate revenue... More