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SNAP INC. Q1 2018 TRANSCRIPT
PREPARED REMARKS
ARMAN PANJWANI, INVESTOR RELATIONS
Thank you, and good afternoon, everyone. Welcome to Snap Incs First Quarter 2018 Earnings
Conference Call. With us today are Evan Spiegel, CEO; Imran Khan, Chief Strategy Officer; and Drew
Vollero, CFO.
Earlier today we made a slide presentation available reviewing our key engagement and financial
metrics for the first quarter of 2018, which can be found on our Investor Relations website. Now I will
quickly cover the Safe Harbor.
Todays call is to provide you with information regarding our first quarter 2018 performance in addition
to our financial outlook. This conference call includes forward-looking statements. Any statement that
refers to expectations, projections, or other characterizations of future events, including financial
projections or future market conditions, is a forward-looking statement based on assumptions today.
Actual results may differ materially from those expressed in these forward-looking statements, and we
make no obligation to update our disclosures. For more information about factors that may cause
actual results to differ materially from forward-looking statements, please refer to the press release we
issued today, as well as risks described in our annual report on Form 10-K for the year ended December
31, 2017, particularly in the section titled Risk Factors. This information can be found in our other filings
with the SEC, when available.
Our commentary today will also include non-GAAP financial measures. We believe that the use of these
non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing
operating results and trends. These measures should not be considered in isolation from, or as a
substitute for, financial information prepared in accordance with GAAP. Reconciliations between GAAP
and non-GAAP metrics for our reported results can be found in our press release issued today, a copy of
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