Snap (SNAP) Tops Q4 EPS by 2c, DAUs Increase 22%, Offers Q1 Guidance
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Snap Inc. Announces Fourth Quarter and Full Year 2020 Financial Results
February 4, 2021 4:10 PM ESTDaily 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