Snap (SNAP) Tops Q4 EPS by 4c, Offers Q1 Guidance
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Snap Inc. Announces Fourth Quarter and Full Year 2018 Financial Results
February 5, 2019 4:10 PM ESTFourth quarter revenue increased 36% to a record $390 million
Full year revenue increased 43% to $1.2 billion
Daily Active Users were flat sequentially at 186 million
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter and full year ended December 31, 2018.
Financial Highlights
Operating cash flow improved by $50 million to $(126) million in Q4 2018, compared to the prior year. Free Cash Flow improved by $49 million to $(149) million in Q4 2018, compared to the prior year.... More