Snap's Unofficial Third-Quarter Guidance: What Investors Need to Know
Due to the uncertainty created by the COVID-19 pandemic, Snap (NYSE: SNAP) wouldn't provide an official outlook for revenue, user growth, or EBITDA for the third quarter.
But CFO Derek Andersen gave investors a peak behind the curtain during the company's Q2 earnings call, offering some rough estimates management is using to guide its investments in the third quarter. While these numbers come with a lot more uncertainty than normal financial guidance, they can give investors some insight into the factors and considerations executives see impacting the business and their investment decisions.
Here's what Andersen is using to build his investment plan:
Source Fool.com
