
Snap also renewed content partnerships with NBCUniversal, ViacomCBS, and Disney. Today over 65% of Spotlight submissions use one of Snapchat’s AR Lenses or Creative Tools. Over 20 Spotlight creators are syndicating Shows on Discover (content pages).

Some highlights for the quarter include: creating Spotlight to amplify the best of Snapchat. And free cash flow of $161 million compared with negative $69 million.

Operating cash flow swung to a positive $186 million from a negative $53 million. It posted its first quarter of positive net income as a public company of $23 million.Īdjusted EBITDA improved 97% to $327 million. Snap revenue increased 42% to $1.3 billion.

Shares Slide Again After Uneven Q4 Results
