🔹 Revenue: $1.507B (Est. $1.49B) 🟢; +10% YoY
🔹 Adj EBITDA: $182.0M (Est. $124.2M) 🟢; +38% YoY
🔹 EPS (GAAP): -$0.06 (Est. -$0.12) 🟢; +33% YoY
🔹 DAU: 477M (Est. 476.31M) 🟢; +8% YoY
🔹 MAU: 943M; UP +7% YoY
Q4 Guidance
🔹 Revenue: $1.68B–$1.71B (Est. $1.69B) 🟡; UP +8% to +10% YoY
🔹 Adj EBITDA: $280M–$310M (Est. $254.6M) 🟢
Segment:
🔹 Direct Response ad revenue: UP +8% YoY
🔹 Purchase-related ad revenue: UP +30%+ YoY
🔹 Other Revenue (majority Snapchat+): $190M; UP +54% YoY
Other Metrics
🔹 Operating Cash Flow: $146M; UP +26% YoY
🔹 Free Cash Flow: $93M; UP +30% YoY
🔹 Stock Repurchase Authorization: Up to $500M (12-month authorization)
Updates
🔸 “Our focus on performance, creativity, and simplicity is helping advertisers achieve stronger results while giving our community more ways to communicate.” – CEO Evan Spiegel
🔸 Snap & Perplexity to integrate conversational AI search directly into Snapchat