Snap Inc. Announces First Quarter 2024 Financial Results
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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Source: Business Wire
First quarter revenue increased 21% year-over-year to $1,195 millionDaily Active Users increased 10% year-over-year to 422 millionFirst quarter operating cash flow of $88 million and Free Cash Flow of $38 million SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2024.“The value we provide our community and advertising partners has translated into improved financial performance,” said Evan Spiegel, CEO. “Our large, growing, and hard-to-reach community, brand-safe environment, and full-funnel advertising solutions have made us an increasingly important partner for businesses of all sizes.”Q1 2024 Financial SummaryRevenue was $1,195 million, compared to $989 million in the prior year, an increase of 21% year-over-year.Net loss was $305 million, compared to $329 million in the prior year.Adjusted EBITDA was $46 million, compared to $1 million in the prior year.Operating cash flow was $88 million, compared to
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SNAP
Earnings
- 4/25/24 - Beat
SNAP
Sec Filings
- 5/2/24 - Form 4
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- SNAP's page on the SEC website