Snap (SNAP) Tops Q1 EPS by 2c, DAUs were 190 million, Offers Q2 Guidance
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Snap Inc. Announces First Quarter 2019 Financial Results
April 23, 2019 4:10 PM EDTDaily Active Users increased 2% sequentially to 190 million
First quarter revenue increased 39% to $320 million
Year over year revenue growth accelerated to 39%, from 36% in the prior quarter
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2019.
Financial Highlights
Operating cash flow improved by $166 million to $(66) million in Q1 2019, compared to the prior year. Free Cash Flow improved by $190 million to $(78) million in Q1 2019, compared to the prior year.... More