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Snap Inc. Announces Second Quarter 2020 Financial Results
- runeks 6y ago* Operating cash flow improved by $29 million to $(67) million in Q2 2020, compared to the prior year. * Free Cash Flow improved by $21 million to $(82) million in Q2 2020, compared to the prior year. * Common shares outstanding plus shares underlying stock-based awards totaled 1,616 million at June 30, 2020, compared to 1,553 million one year ago. * Revenue increased 17% to $454 million in Q2 2020, compared to the prior year. * Net loss was $(326) million in Q2 2020, compared to $(255) million in the prior year. * Adjusted EBITDA was $(96) million in Q2 2020, compared to $(79) million in the prior year.