$SNAP surges +30% after earnings beat

—

Snap shows first-ever quarterly net profit

• Daily Active Users increased 20% year-over-year to 319 million

• Fourth quarter revenue increased 42% and full year revenue increased 64% year-over-year

• First quarter of positive net income as a public company

• First full year of positive operating cash flow and Free Cash Flow

• DAUs were 319 million in Q4 2021, an increase of 54 million, or 20%, year-over-year.

• Year-over-year growth in DAUs has been 20% or more for five consecutive quarters.

• DAUs increased sequentially and year-over-year in each of North America, Europe, and Rest of World.

Comments