Snap Inc (NYSE:SNAP)

$ 11.29 0.11 (0.98%) Market Cap: 18.75 Bil Enterprise Value: 19.80 Bil PE Ratio: 0 PB Ratio: 8.46 GF Score: 71/100

Snap Inc at Morgan Stanley TMT Conference Transcript

Nov 16, 2023 / 12:10PM GMT

Release Date Price: $12.07 (-1.07%)

Transcript

Sean Diffley

Thanks, everyone, for joining us. My name is Sean Diffley. I'm the Internet, Media and Telecom Sector Specialist at Morgan Stanley. I'm very excited to be joined by Derek Andersen, the CFO of Snap.

Just a quick disclosure, and then we'll get right into it. Please note that all important disclosures, including personal holdings disclosures and Morgan Stanley disclosures can be found at the Morgan Stanley website. And please note that some statements by Snap today may be considered forward-looking. These involve a number of risks and uncertainties and could differ from actual results.

Questions & Answers

Sean Diffley

So no further ado, Derek, you've been at Snap for just over 5 years now. You're at Amazon before that. Lot of exciting, interesting things going on at the company right now. I wanted to kick off with the recent Amazon shopping ads on Snap announcement, which came out this week, which you confirmed. Maybe you can talk about what's involved in the announcement, where you see the opportunity and how investors should be thinking about

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