Market Updates

Snap Daily Active Users Grows 18%, Revenues Surpass $1 Billion

Scott Peters
21 Apr, 2022
New York City

    Snap Inc said first quarter 2022 revenues increased 38% to $1.06 billion, net loss expanded 25% to $359 million, diluted loss per share increased 16% to 22 cents to 19 cents. 

    Daily active users increased 18% to 332 million and average revenues per user increased 17% to $3.20. Daily active user increased 5% to 98 million in North America. 

    Total daily time spent by Snapchatters aged 25 and older engaging with shows and publisher content increased by more than 25% from a year ago. 

    Q2 2022 Outlook 

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