) will report its third quarter earnings after the bell on Tuesday, as Wall Street hopes for guidance suggesting that, finally, the company may be moving out of its rough patch.
Snap's adjusted Ebitda will also be worth watching, as analysts are anticipating a loss of $64.2 million. But it's Snap's Q3 revenue, if a miss, that will become the flashpoint metric. “If there is anything instructive from internal targets, we believe it is understanding: one, where Snap is seeing signs of change that could support these opportunities... and two, how Snap is investing to support this growth," wrote Patterson.
'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff
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