Snap stock now plus#

“We’re now operating at the scale necessary to navigate significant headwinds, including changes to the iOS platform that impact the way advertising is targeted, measured, and optimized, as well as global supply chain issues and labor shortages impacting our partners. “Snap celebrated its 10th anniversary this quarter, and we are excited about the long-term opportunity and potential for our business, as we grew our community to 306 million daily active users, and grew our revenue 57% year-over-year to reach $1.067 billion for the quarter,” said Evan Spiegel, CEO.

Snap stock now plus#

Operating cash flow was $72 million in Q3 2021, compared to $(55) million in the prior year.įree Cash Flow was $52 million in Q3 2021, compared to $(70) million in the prior year.Ĭommon shares outstanding plus shares underlying stock-based awards totaled 1,698 million at September 30, 2021, compared to 1,624 million one year ago. Net loss improved 64% to $(72) million in Q3 2021, compared to the prior year.Īdjusted EBITDA improved 209% to $174 million in Q3 2021, compared to the prior year. Revenue increased 57% to $1,067 million in Q3 2021, compared to the prior year. (NYSE: SNAP) today announced financial results for the quarter ended September 30, 2021. Net loss improved 64% and Adjusted EBITDA improved 209% year-over-year Revenue increased 57% year-over-year to $1,067 million Daily Active Users increased 23% year-over-year to 306 million