Snap Rallies Despite A Poor Q3 Showing

For the third quarter in a row, Snap Inc.'s user base grew adding 7M daily active users.

Snap's stock have been 📈 150% over the past year.

👻 Posted 210 million DAU for the quarter.
👻 Prior to its Android redesign last year, struggled to add INTL users.
👻 Loss per share: $0.04 vs. $0.05 forecast
👻 Revenue: $446 million vs. $435.1 million forecast
👻 Global daily active users: 210 million vs. 207 million forecast
👻 Average revenue per user: $2.12 vs. $2.10 forecast

Forecasts: FactSet, Refinitiv