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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