Snap (SNAP) Tops Q2 EPS by 3c, Q3 Revenue Falls Short of Views at Mid-point

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. MA
9. FND
10. DASH

Go back to Snap (SNAP) Tops Q2 EPS by 3c, Q3 Revenue Falls Short of Views at Mid-point

Snap Inc. Reports Second Quarter 2018 Results

August 7, 2018 4:10 PM EDT

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended June 30, 2018.

Financial Highlights

Cash used in operating activities was $(199) million in Q2 2018, compared to cash used in operating activities of $(210) million in Q2 2017.

Free Cash Flow was $(234) million in Q2 2018, compared to $(229) million in Q2 2017.

Common shares outstanding plus shares underlying stock-based awards totaled 1.5 billion at June 30, 2018, compared with 1.4 billion one year ago.

Revenue increased 44% to $262 million in Q2 2018, compared to revenue of $182 million in Q2 2017.

Net loss... More