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Meta Platforms:Quarterly Results/2023 Q2: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q2 (view source)
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=== Snap === | === Snap === | ||
===== Results ===== | |||
* Snap revenue came in $1.07 billion(-4% y/y) versus $1.05 billion estimate<ref>https://www.cnbc.com/2023/07/25/snap-reports-better-than-expected-results-but-issues-weak-forecast.html#:~:text=Snap%20shares%20tumbled%20over%2016,billion%20expected%2C%20according%20to%20Refinitiv. | |||
https://www.cnbc.com/2023/07/25/snap-reports-better-than-expected-results-but-issues-weak-forecast.html#:~:text=Snap%20shares%20tumbled%20over%2016,billion%20expected%2C%20according%20to%20Refinitiv. | |||
https://investor.snap.com/news/news-details/2023/Snap-Inc.-Announces-Second-Quarter-2023-Financial-Results/default.aspx</ref>. | |||
* Global Daily Active Users(DAUs) came in 397 million versus 394.9 million expected. | |||
* Snap is guiding for third quarter revenue of between $1.07 billion and $1.13 billion versus analysts estimate of $1.13 billion. | |||
===== Management Guidance ===== | ===== Management Guidance ===== | ||