According to CoinMeta, Snap expects its revenue for the fourth fiscal quarter to be between $1.95 billion and $1.99 billion, with an estimated adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $490 million to $525 million, or $504.7 million. Snap reported revenue of $1.72 billion in the third fiscal quarter, a year-on-year increase of 14%, with European revenue estimated at $362.9 million, up 22% year-on-year to $369.9 million; revenue from other regions was $345.3 million, up 11% year-on-year to $362.8 million. The adjusted EBITDA for the same period was $382.6 million, compared to $182.0 million in the previous year, or $338.1 million. The company has 500 million daily active users, a 3.8% year-on-year increase, and average revenue per subscriber is $3.48, up 10% to $3.45. Free cash flow amounted to $164.5 million, a year-on-year increase of 76% to $158 million.