Snap (SNAP) Tops Q3 EPS by 6c, DAUs were 249 million
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Snap Inc. Announces Third Quarter 2020 Financial Results
October 20, 2020 4:10 PM EDTDaily Active Users increased 18% year-over-year to 249 million
Revenue increased 52% year-over-year to $679 million
Operating cash flow improved 28% year-over-year to $(55) million
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended September 30, 2020.
Financial Highlights
Operating cash flow improved by $21 million to $(55) million in Q3 2020, compared to the prior year. Free Cash Flow improved by $15 million to $(70) million in Q3 2020, compared to the prior year. Common shares outstanding plus shares... More