Snap Q3 revenue $1.067B (+57% YoY); net loss improves 64% to $72M; DAUs 306M (+23%)

Snap Inc

2021-Q3 EPS reported -$0.33 revenue$2,819,163,000

Revenue $1,067M, up 57% YoY; net loss improved 64% to $72M; adjusted EBITDA $174M, up 209%.
DAUs 306M, up 23% YoY, marking fourth consecutive quarter of >20% growth.
Non-GAAP diluted EPS $0.17 vs $0.01 prior year; operating cash flow $72M vs -$55M.
Free cash flow $52M vs -$70M; content submissions on Spotlight more than doubled QoQ.
15 Discover partners each reached over 50M unique Snapchatters; new channels in 14 countries.

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