00=Snap (SNAP) reported earnings on Tue 1 May 2018 (a/h)

Snap reports EPS in-line, misses on revs and DAU 

• Reports Q1 (Mar) loss of $0.17 per share, in-line with the Capital IQ Consensus of ($0.17); revenues rose 54.2% year/year to $230.7 mln vs the $244.57 mln Capital IQ Consensus, driven by growth in Snap Ads, and down 19% sequentially, primarily due to seasonality and the redesign.
• Daily Active Users (DAU) grew from 166 million in Q1 2017 and 187 mln in 4Q17 to 191 million vs. 194 million estimate.