Snap Inc. (NYSE: SNAP) reported second quarter 2021 earnings outcomes at this time.
Revenues elevated 116% year-over-year to $982 million.
Web loss amounted to $151.6 million, or $0.10 per share, in comparison with $325.9 million, or $0.23 per share, final 12 months. Adjusted EPS amounted to $0.10.
Each day energetic customers elevated 23% YoY to 293 million.
For the third quarter of 2021, income is predicted to extend approx. 58-60% YoY to a spread of $1.07-1.08 billion.
The quarterly outcomes surpassed analysts’ projections sending the inventory hovering over 13% throughout after-hours.