secwatch.observer — SEC 8-K summary
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Issuer:     Snap Inc (SNAP)
CIK:        0001564408
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001564590-21-051448
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1564408/000156459021051448/0001564590-21-051448-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1564408/000156459021051448/snap-8k_20211021.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-051448

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer