$SNAP delivered a solid Q2 beat:
• Revenue: $1.60B vs. $1.54B est.
• EPS: -$0.10 vs. -$0.12 est.
• DAUs: 493M vs. 488M est.
• Q3 revenue guide: $1.70B–$1.74B, slightly ahead of expectations.
• Operating Margin: -10.7%, up from -19.3% in the same quarter last year
• Free Cash Flow Margin: 7.5%, down from 18.7% in the previous quarter
• Market Capitalization: $7.89 billion
Shares jumped in after-hours as stronger advertising demand and AI-driven ad tools boosted results.