Snap Inc (SNAP) PT Raised to $19 at Oppenheimer Following 4Q

Snap Inc. Reports Fourth Quarter and Full Year 2017 Results

February 6, 2018 4:15 PM EST

VENICE, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter and full year ended December 31, 2017.

Fourth Quarter and Full Year 2017 Financial Highlights:

  Three Months Ended

December 31,

  Percent   Year Ended

December 31,

  Percent 2017   2016 Change 2017   2016 Change (dollars in thousands) (dollars in thousands) (Unaudited) (NM = Not Meaningful) (NM = Not Meaningful) Revenue $ 285,693 $ 165,682   72 % $ 824,949 $ 404,482   104 % Net loss(1) $ (349,977 ) $ (169,945 ) 106 %... More