Snap posted Q2 revenue of USD 1.6 billion, up 19% year over year, as it focused on improving advertising performance and direct revenue.
Net loss narrowed to USD 164 million; diluted net loss per share improved to USD 0.10.
Adjusted EBITDA under non-GAAP measures climbed to USD 250 million from USD 41 million a year earlier.
Operating cash flow rose to USD 176 million, lifting free cash flow to USD 121 million from USD 24 million.
Monthly active users reached 971 million; management said it remains focused on serving that base while investing with discipline to grow free cash flow per share.