Snap Inc. (NYSE: SNAP) reported third quarter 2020 earnings results today. Revenues increased 52% year-over-year to $679 million. Net loss amounted to $200 million, or $0.14 per share, compared to $227 million, or $0.16 per share, last year. The company reported adjusted EPS of $0.01 versus a loss of $0.04 last year. Daily active users […]
“Snap Inc. (NYSE: SNAP) reported third quarter 2020 earnings results today. Revenues increased 52% year-over-year to $679 million. Net loss amounted to $200 million, or $0.14 per share, compared to $227 million, or $0.16 per share, last year. The company reported adjusted EPS of $0.01 versus a loss of $0.04 last year. Daily active users […]
· October 20, 2020
Snap Inc. (NYSE: SNAP) reported third quarter 2020 earnings results today.
Revenues increased 52% year-over-year to $679 million.
Net loss amounted to $200 million, or $0.14 per share, compared to $227 million, or $0.16 per share, last year. The company reported adjusted EPS of $0.01 versus a loss of $0.04 last year.
Daily active users rose by 18% year-over-year to 249 million.
Due to the uncertainty related to the COVID-19 pandemic, the company is not providing any guidance.
