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Sep 30, 2022
Snapchat Q3 2022 Earnings Report
Snapchat's Q3 2022 results showed community growth and strategic focus amidst a volatile macroeconomic environment.
Key Takeaways
Snap Inc. reported a 6% increase in revenue to $1,128 million and a 19% increase in daily active users (DAU) to 363 million year-over-year. The company's net loss was $360 million, including restructuring charges of $155 million. Despite the net loss, Snap's community growth reflects its long-term potential.
Daily Active Users (DAUs) increased by 19% year-over-year, reaching 363 million.
Revenue increased by 6% year-over-year, totaling $1,128 million.
Snapchat+ subscription service reached over 1.5 million paying subscribers.
The company authorized a stock repurchase program of up to $500 million of its Class A common stock
Revenue by Geographic Location
Forward Guidance
Given uncertainties related to the operating environment, Snap Inc. is not providing its expectations for revenue or adjusted EBITDA for the fourth quarter of 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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