Is It Finally Safe to Buy Snap Stock? [The Motley Fool]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: The Motley Fool
Snap(NYSE:SNAPItsadjusted EBITDAnon-GAAPImage source: Getty Images.Another quarter of accelerating user growthSnapchat's daily active users (DAUs) rose 0% annually to 9 million in the first quarter, marking its fourth straight quarter of accelerating DAU growth.Q 09Q 09Q 09Q 09Q 00Sequential%7%%%%Annual(%)8%%7%Source: Snap Q 00 report.Its DAU growth accelerated across both iOS and Android devices, as well as all three of its global regions, which indicates it's holding up well against fierce rivals likeNASDAQ:FBByteDanceRegionDAUs (Q 00)Sequential growthAnnual growthNorth America88 million0%Europe70 million%Rest of World7 million%%During theconference callRising average revenue per userSnap's average revenue per user (ARPU) rose 0% annually to $.0 during the quarter, which marked a slight deceleration from its % growth in the fourth quarter. Its ARPU declined sequentially across all regions -- but that decline was largely expected, due to seasonally higher ad spending during the holid
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