A post by @FirstSquawk on X.
SNAP Q3 DAILY ACTIVE USERS 495 MLN, BELOW ESTIMATE OF 499.31 MLN, WITH THE COMPANY SEEING Q4 REVENUE $1.95 BLN TO $1.99 BLN, THE MIDPOINT AROUND ESTIMATE OF $1.96 BLN
@FirstSquawk on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Snap reported Q3 daily active users of 495 million, missing the 499.31 million estimate, while guiding Q4 revenue to $1.95–1.99 billion, with the $1.97 billion midpoint roughly in line with the $1.96 billion consensus. The user shortfall signals stalled audience growth for the Snapchat parent, even as its revenue outlook holds steady. Investors will watch whether the company can reaccelerate user additions and convert its forecast into actual sales when Q4 results land.
Muhabbit's AI wrote this summary of @FirstSquawk's post in its own words. It can get details wrong, so read the post on X.
Named in this story
A linked name opens that asset's sentiment page.