offline
Snap (SNAP) Incurs Loss in Q1, User Growth Aids Top Line
Snap SNAP reported first-quarter 2020 loss of 8 cents per share, wider than the Zacks Consensus Estimate by 14.3% but narrower than the year-ago quarter’s loss of 10 cents.
Revenues surged 44% from the year-ago quarter to $462.5 million, beating the consensus mark by 9.1%. The revenue figure was within the guided range of $450-$470 million.
Daily active users (DAU) at the end of the reported quarter were 229 million. Snap added 39 million DAU on a year-over-year basis and 11 million, sequentially. This growth was broad based with year-over-year and sequential growth in both iOS and Android platforms.
Geographically, revenues from North America (68.3% of revenues) soared 39.9% year over year to $315.7 million. Revenues from Europe (16.5%) jumped 61.2% to $76.5 million. Rest of the World (ROW) revenues were $70.3 million, up 48.8% year over year.
Average revenue per user (ARPU) increased 20.2% year over year to $2.02. On a year-over-year basis, North America, Europe and ROW ARPUs increased 27%, 41.6% and 3.1%, respectively.
...
https://finance.yahoo.com/news/snap-snap...01375.html
![[Bild: SNAPc1dl1534.png]](https://finviz.com/publish/042220/SNAPc1dl1534.png)
Snap SNAP reported first-quarter 2020 loss of 8 cents per share, wider than the Zacks Consensus Estimate by 14.3% but narrower than the year-ago quarter’s loss of 10 cents.
Revenues surged 44% from the year-ago quarter to $462.5 million, beating the consensus mark by 9.1%. The revenue figure was within the guided range of $450-$470 million.
Daily active users (DAU) at the end of the reported quarter were 229 million. Snap added 39 million DAU on a year-over-year basis and 11 million, sequentially. This growth was broad based with year-over-year and sequential growth in both iOS and Android platforms.
Geographically, revenues from North America (68.3% of revenues) soared 39.9% year over year to $315.7 million. Revenues from Europe (16.5%) jumped 61.2% to $76.5 million. Rest of the World (ROW) revenues were $70.3 million, up 48.8% year over year.
Average revenue per user (ARPU) increased 20.2% year over year to $2.02. On a year-over-year basis, North America, Europe and ROW ARPUs increased 27%, 41.6% and 3.1%, respectively.
...
https://finance.yahoo.com/news/snap-snap...01375.html
__________________
