=Snap (SNAP) reported earnings on Thur 10 Aug 2017 (a/h)

Snap misses by $0.02, misses on revs

• Reports Q2 (Jun) loss of $0.16 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus of ($0.14); revenues rose 153.1% year/year to $181.7 mln vs the $186.49 mln Capital IQ Consensus. 
• DAUs grew 7 mln Q/Q to 173 million vs. 176 mln consensus, an increase of 30.5 million or 21% year-over-year.
• Average revenue per user (ARPU) -- ARPU was $1.05 in Q2 2017, an increase of 109% over Q2 2016 when ARPU was $0.50. ARPU increased 16% over Q1 2017 when ARPU was $0.90.
• Hosting costs per DAU -- Hosting costs per DAU were $0.61 in Q2 2017, as compared to $0.55 in Q2 2016 and $0.60 in Q1 2017.