Re:Snap Quarterly Results Q4 2022 [pdf]
by oneoff786 on Tuesday January 31, 2023 @06:30PM
(#34603916)
You can’t really look at numbers like that to paint a full picture.
Net income in particular is sensitive to one time events.
In this case, imo, it looks like the most important story is that revenue per user is falling hard. 17% more users. -15% revenue per user. Revenues are falling in North America and they have to try and make up for it by targeting the rest of the world.
Net income in particular is sensitive to one time events.
In this case, imo, it looks like the most important story is that revenue per user is falling hard. 17% more users. -15% revenue per user. Revenues are falling in North America and they have to try and make up for it by targeting the rest of the world.