Snap (SNAP) Misses Q1 EPS by 3c
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Snap Inc. Announces First Quarter 2022 Financial Results
April 21, 2022 4:10 PM EDTDaily Active Users increased 18% year-over-year to 332 million
Revenue increased 38% year-over-year to $1,063 million
Operating cash flow was $127 million and Free Cash Flow was $106 million
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2022.
Our first quarter results reflect the underlying momentum in our business through a challenging operating environment, as we grew our community 18% year-over-year to reach 332 million, and grew our revenue 38% year-over-year to reach $1.06 billion for the quarter, said... More
