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Snap (SNAP) Tops Q2 EPS by 11c, Q3 Revenue Guidance Beats

Go back to Snap (SNAP) Tops Q2 EPS by 11c, Q3 Revenue Guidance Beats

Snap Inc. Announces Second Quarter 2021 Financial Results

July 22, 2021 4:10 PM EDT

Daily Active Users increased 23% year-over-year to 293 million

Revenue increased 116% year-over-year to $982 million

Net loss improved 53% and Adjusted EBITDA improved 223% year-over-year

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended June 30, 2021.

Financial Highlights

Revenue increased 116% to $982 million in Q2 2021, compared to the prior year. Net loss improved 53% to $(152) million in Q2 2021, compared to the prior year. Adjusted EBITDA improved 223% to $117 million in Q2... More