Snap slides as it warns EBITDA, revenues to fall below guidance.

by xxxlefmxxx

• 23-May-2022 06:08:02 PM – SNAP INC – SINCE CO ISSUED GUIDANCE ON APRIL 21, 2022, MACROECONOMIC ENVIRONMENT HAS DETERIORATED FURTHER AND FASTER THAN ANTICIPATED – FILING
• 23-May-2022 06:09:00 PM – SNAP INC – BELIEVE IT IS LIKELY THAT WE WILL REPORT REVENUE AND ADJUSTED EBITDA BELOW LOW END OF OUR Q2 2022 GUIDANCE RANGE
• 23-May-2022 06:10:31 PM – SNAP – CONTINUE TO SEE STRONG ENGAGEMENT ACROSS SNAPCHAT, CONTINUE TO SEE SIGNIFICANT OPPORTUNITIES TO GROW AVERAGE REVENUE PER USER OVER LONG TERM

FYI – Advertising vs. GDP growth