Snap (SNAP) Misses Q1 EPS, Revs

Snap Inc. Reports First Quarter 2017 Results

May 10, 2017 4:01 PM EDT

VENICE, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2017.

First Quarter 2017 Financial Highlights:

  Three Months Ended March 31,   Percent   2017       2016   Change (dollars in thousands) (Unaudited) (NM = Not Meaningful) Revenue $ 149,648 $ 38,798 286 % Net loss(1) $ (2,208,837 ) $ (104,576 )

NM

 

Adjusted EBITDA(2)... More