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Snap Inc. unveils Spectacles 3 New Products News Press releases 

Snap Inc. unveils Spectacles 3

New Spectacles Capture the World in 3D SANTA MONICA, Calif.–(BUSINESS WIRE)–Snap Inc. today unveiled Spectacles 3, the latest version of Spectacles sunglasses delivering innovative design with dual HD cameras to empower creativity in 3D. Shipping in fall 2019, Spectacles 3 capture depth and dimension the way our eyes do. This new ability provides a rich 3D canvas for self-expression and... Read More
Snap announces $1 billion private offering due 2026 News Press releases 

Snap announces $1 billion private offering due 2026

SANTA MONICA, Calif.–(BUSINESS WIRE) — Snap Inc. announced today that it intends to offer, subject to market conditions and other factors, $1.0 billion principal amount of convertible senior notes due 2026 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, or the Securities Act. Snap also intends to grant... Read More
Snap announces 48 percent increase in revenue for second quarter Earnings reports Press releases 

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... Read More
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