Snapchat still isn’t profitable nearly two years after its IPO. In Q4 2019, Snap lost $241 million on 560.8 million in revenue that’s up 44% year-over-year and an EPS of $0.03. That comes from adding 8 million daily users to reach a total of 218, up 3.8% this quarter from 210 million and 17% year-over-year.
However, net income and EPS were both significant drops on the same period a year ago. Net income came in at $119 million, with a diluted earnings per share of $0.15. In comparison, a year prior in Q4 2018, Twitter made net income of $255 million with diluted EPS of $0.33. Operating income for the current Q4 was $153 million.