Snap (SNAP) Reports In-Line Q1 EPS, Revenues Miss

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Go back to Snap (SNAP) Reports In-Line Q1 EPS, Revenues Miss

Snap Inc. Reports First Quarter 2018 Results

May 1, 2018 4:15 PM EDT

VENICE, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2018.

First Quarter 2018 Financial Highlights:

  Three Months Ended

March 31,

  Percent 2018   2017 Change (Unaudited) (dollars in thousands) Revenue $ 230,666 $ 149,648   54 % Net loss(1) $ (385,785 ) $ (2,208,837 ) (83 )% Adjusted EBITDA(2) $ (217,867 ) $... More