SNAP SEES Q3 REVENUE OF $1.70 BLN-$1.74 BLN VERSUS $1.70 BLN EXPECTED AND Q3 ADJUSTED EBITDA OF $300 MLN-$350 MLN VERSUS $329.9 MLN EXPECTED
SNAP SEES Q3 REVENUE OF $1.70 BLN-$1.74 BLN VERSUS $1.70 BLN EXPECTED AND Q3 ADJUSTED EBITDA OF $300 MLN-$350 MLN VERSUS $329.9 MLN EXPECTED, WITH FY INFRASTRUCTURE COSTS SEEN AT $1.65 BLN-$1.70 BLN AND EXPECTED TO GROW MODESTLY Y/Y IN Q3.
Story updates
08:15:41 PM UTC
SquawkNews
SNAP SEES Q3 REVENUE OF $1.70 BLN-$1.74 BLN VERSUS $1.70 BLN EXPECTED AND Q3 ADJUSTED EBITDA OF $300 MLN-$350 MLN VERSUS $329.9 MLN EXPECTED, WITH FY INFRASTRUCTURE COSTS SEEN AT $1.65 BLN-$1.70 BLN AND EXPECTED TO GROW MODESTLY Y/Y IN Q3.
08:23:32 PM UTC
SquawkNews
Snap Q2 26 Earnings:
Revenue: $1.60B (est $1.54B) Adjusted EBITDA: $250M (est $192.3M) Daily Active Users: 493M (est 488.38M) Sees Q3 Revenue: $1.70B To $1.74B (est $1.70B) Sees Q3 Adjusted EBITDA: $300M To $350M (est $329.9M) Sees FY Infrastructure Costs: $1.65B To $1.70B Expects Infrastructure Costs To Grow Modestly Y/Y In Q3