Snap Inc (SNAP) PT Raised to $95 at Stifel
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Snap Inc. Announces Second Quarter 2021 Financial Results
July 22, 2021 4:10 PM EDTDaily 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