Snap announces 48 percent increase in revenue for second quarter
Daily Active Users increased 8% year-over-year to 203 million Revenue increased 48% year-over-year to $388 million Adjusted EBITDA improved 53% year-over-year to $(79) million SANTA MONICA, Calif.–(BUSINESS WIRE)– Snap Inc. today announced financial results for the quarter ended June 30, 2019. Financial Highlights Operating cash flow improved by $104 million to $(96) million in Q2 2019, compared to the prior year. Free Cash Flow improved...
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