- Cash used in operating activities was $(199) million in Q2 2018, compared to cash used in operating activities of $(210) million in Q2 2017.
- Free Cash Flow was $(234) million in Q2 2018, compared to $(229) million in Q2 2017.
- Common shares outstanding plus shares underlying stock-based awards totaled 1.5 billion at June 30, 2018, compared with 1.4 billion one year ago.
- Revenue increased 44% to $262 million in Q2 2018, compared to revenue of $182 million in Q2 2017.
- Net loss decreased 20% to $(353) million in Q2 2018, compared to a net loss of $(443) million in Q2 2017.
Wednesday, August 8, 2018
Nobody Cares About Snap Any More
The numbers are in and Snap is doing exactly as you might expect. At least the company's net loss was *cough* only $353 million.