Snapchat Q4 2019 Earnings Report
Key Takeaways
Snap Inc. announced a 44% year-over-year increase in Q4 2019 revenue, reaching $561 million. Daily Active Users (DAU) also saw a significant rise, increasing by 17% to 218 million. The company's operating cash flow and Free Cash Flow improved, while net loss increased due to non-recurring legal charges. Adjusted EBITDA showed substantial improvement, reaching $42 million.
Daily Active Users (DAUs) increased by 17% year-over-year to 218 million in Q4 2019.
Revenue grew by 44% year-over-year to $561 million in Q4 2019.
Operating cash flow improved by $59 million to $(67) million in Q4 2019.
Adjusted EBITDA improved by $93 million to $42 million in Q4 2019.
Snapchat
Snapchat
Snapchat Revenue by Geographic Location
Forward Guidance
Snap Inc. provided the following forward-looking statements for Q1 2020: Revenue is expected to be between $450 million and $470 million, compared to $320 million in Q1 2019, and Adjusted EBITDA is expected to be between $(90) and $(70) million, compared to $(123) million in Q1 2019.
Positive Outlook
- Revenue is expected to be between $450 million and $470 million, compared to $320 million in Q1 2019.
- Adjusted EBITDA is expected to be between $(90) and $(70) million, compared to $(123) million in Q1 2019.
Revenue & Expenses
Visualization of income flow from segment revenue to net income