Snap (SNAP) Tops Q4 EPS by 2c, DAUs Increase 22%, Offers Q1 Guidance

Go back to Snap (SNAP) Tops Q4 EPS by 2c, DAUs Increase 22%, Offers Q1 Guidance

Snap Inc. Announces Fourth Quarter and Full Year 2020 Financial Results

February 4, 2021 4:10 PM EST

Daily Active Users increased 22% year-over-year to 265 million

Fourth quarter revenue increased 62% year-over-year to $911 million

Fourth quarter operating cash flow improved 21% year-over-year to $(53) million

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter and full year ended December 31, 2020.

Financial Highlights

Operating cash flow improved by $14 million to $(53) million in Q4 2020, compared to the prior year. Free Cash Flow improved by $7 million to $(69) million in Q4 2020, compared to the prior... More