Snap (SNAP) Tops Q3 EPS by 2c, Revenues Beat
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Snap Inc. Announces Third Quarter 2018 Financial Results
October 25, 2018 4:10 PM EDT
Revenue increased 43% to a record $298 million
Trailing
twelve months revenue increased 53% to $1.1 billion
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended September 30, 2018.
Financial Highlights
Operating cash flow improved by $61 million to $(133) million in Q3 2018, compared to the prior year. Free Cash Flow improved by $61 million to $(159) million in Q3 2018, compared to the prior year. Common shares outstanding plus shares underlying stock-based awards totaled 1,476 million at... More