Snap Inc Class A
SNAP: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| dn | LOCK|Z%# | LOCK|?&FNV&> |
Snap Earnings: Ad Platform Error and Persistent Weak Monetization Drag Revenue Growth
Snap reported second-quarter revenue of $1.3 billion, up 9% year over year, largely due to strength in European markets. Adjusted EBITDA margin was 3.1%, down 130 basis points year over year due to greater infrastructure, legal, and personnel costs, and weaker monetization.
