Snap Sees Slowest Sales Growth Ever

The video discusses Snap's quarterly financial results, highlighting improvements in daily active users and adjusted EBITDA. Despite a positive EPS, Snap's revenue fell short of estimates. The company announced a $500 million stock buyback but provided no guidance for the next quarter due to market uncertainties. The discussion covers Snap's valuation drop, cost-cutting measures, and the importance of user engagement. Analysts debate the company's growth potential and the impact of its cost structure adjustments, including significant job cuts. The video concludes with a focus on future strategies and investor expectations.

What was the estimated number of daily active users for Snapchat in the third quarter?

• 370 million

• 350 million

• 363 million

• 358.7 million

Why did Snapchat decide not to provide formal financial guidance for the fourth quarter?

• Due to a stable macroeconomic environment

• Because of an uncertain macroeconomic environment

• Because they are launching a new product

• Due to a significant increase in revenue

What was Snapchat's free cash flow in the most recent year compared to the previous year?

• $52 million compared to $18 million

• $50 million compared to $100 million

• $18 million compared to $52 million

• $100 million compared to $50 million

What was the primary reason for Snapchat's major job cuts?

• To increase their market share

• To expand their workforce

• To control costs and improve financial health

• To launch a new product line

What was the growth rate of Snapchat last year compared to the current year?

• 50% last year, mid single-digit this year

• 40% last year, 30% this year

• Mid single-digit last year, 50% this year

• 30% last year, 40% this year

How did the market typically react to Snapchat's earnings announcements?

• With no significant change

• With a 20% increase

• With a 20% decrease

• With a 10% increase

What signal does Snapchat's $500 million stock buyback send to investors?

• That they are expanding their workforce

• That they are exiting the market

• That they are controlling costs and believe their stock is undervalued

• That they are launching a new product