Snap (SNAP) Tops Q4 EPS by 2c, Revs Miss

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Go back to Snap (SNAP) Tops Q4 EPS by 2c, Revs Miss

Snap Inc. Announces Fourth Quarter and Full Year 2019 Financial Results

February 4, 2020 4:10 PM EST

Daily Active Users increased 17% year-over-year to 218 million

Fourth quarter revenue increased 44% year-over-year to $561 million

Fourth quarter operating cash flow improved 47% year-over-year to $(67) million

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter and full year ended December 31, 2019.

Financial Highlights

Operating cash flow improved by $59 million to $(67) million in Q4 2019, compared to the prior year. Free Cash Flow improved by $73 million to $(76) million in Q4 2019, compared to the prior... More