Snapchat finally did it, y’all

[CommunityNews]

Sound the horns, unveil the banners, cue the parade. Snap is profitable. And we don’t mean adjusted-EBITDA profitable, adjusted-operating-income profitable, or even the infamous non-GAAP-net-income profitable. It’s real-profit profitable. In the fourth quarter of 2021, Snap reported $1.3 billion in revenue (up 42% year over year), an operating loss of $25.1 million, and GAAP net […]

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Snap finally did it, y'all | TechCrunch

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[OvermindDL1]

I initially thought this was about the (very blehg) snap package manager (which is profit driven at canonical), but no, it’s the snapchat company and that wasn’t ever really made clear and I was just left confused until I finally made the connection, lol. For those that are entirely as uninterested about snapchat as I, maybe this can save you a click. ^.^;

And shame on the article writer, like really…

[AstonJ]

Yeah it’s Snapchat (the app) - interesting how these ‘big’ apps don’t seem to be able to make a profit despite having so many users and massive funding.