Snap Inc Class A
SNAP: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| > | LOCK|!D | LOCK|cyypJ& |
Snap Earnings: Revenue Accelerates on Subscriptions and World Cup Tailwinds
Snap reported second-quarter results, including sales of $1.60 billion, up 19%, and an adjusted EBITDA margin of 16%, up 13 percentage points. The firm's digital advertising business got a boost from the World Cup this summer. Shares rose sharply after the earnings report.
