In its Q1 2018 earnings report, Snapchat has just had its slowest user growth rate ever with only 191 million Daily Active Users (DAUs). That’s up from its 187 million users, and a growth rate 2.13%.
Find out more about what Snap reported in its first-quarter earnings report:
- Revenue: $ 230,666 million vs. 149,648 million last year, up 54% year-over-year.
- Average Revenue Per User (ARPU): $1.21 vs. $1.53 last year, up 34% year-over-year
- Cost of revenue per user (CoRPU): $1.03, up 5% year-over-year.
- Adjusted EBITDA: Loss was $217.9 million, an increase of 16% year-over-year.
For more information, kindly download the “Snap Inc. Q1 2018 Earnings” full report.