Snap sees Q4 adjusted EBITDA $280M-$310M

The company said, “For SBC and related expenses, we guided for a range of $1.13 billion to $1.20 billion for the full year, we reduced this to $1.10 billion to $1.13 billion earlier this year, and now estimate we will come within a further reduced range of $1.08 billion to $1.10 billion. Given the revenue range above, and the progress we have made to optimize our cost structure, we estimate that Adjusted EBITDA will be between $280 million and $310 million in Q4.”