Snap (SNAP) Misses Q1 EPS, Revs

Snap (NYSE: SNAP) reported Q1 EPS of ($2.31), which may not compare to the analyst estimate of ($0.19). Revenue for the quarter came in at $149.65 million versus the consensus estimate of $157.98 million.

• Daily active users (DAU)(1) – DAUs grew from 122 million in Q1 2016 to 166 million in Q1 2017, an increase of 36% year-over-year. DAUs increased 5% quarter-over-quarter, from 158 million in Q4 2016.
• Average revenue per user (ARPU)(2) – ARPU was $0.90 in Q1 2017, an increase of 181% over Q1 2016 when ARPU was $0.32. ARPU decreased 14% over Q4 2016 when ARPU was $1.05.
• Hosting costs per DAU – Hosting costs per DAU were $0.60 in Q1 2017, as compared to $0.52 in Q1 2016 and $0.72 in Q4 2016.
• Capital expenditures – Capital expenditures were $18.0 million in Q1 2017, as compared to $12.5 million in Q1 2016 and $20.4 million in Q4 2016.

For earnings history and earnings-related data on Snap (SNAP) click here.

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• Equinox Gold Announces Filing and Mailing of Meeting Materials for the Special Meeting of Shareholders to Approve Business Combination with Orla Mining
• Nike names former Pfizer CFO David Denton as new finance chief