Snap Inc Results Presentation Deck
Financial Guidance
The following forward-looking statements reflect our expectations for the first quarter of 2021 as of February 4,
2021, and are subject to substantial uncertainty. This guidance assumes constant foreign currency rates, and
among other things, that no business acquisitions, investments, restructurings, or legal settlements are
concluded in the quarter. Our results are based on assumptions that we believe to be reasonable as of this date,
but may be materially affected by many factors, as discussed in "Forward-Looking Statements & Non-GAAP
Financial Measures."
Q1 2021 Outlook
Revenue is estimated to be between $720 million and $740 million, compared to $462 million in Q1 2020.
• Adjusted EBITDA is estimated to be between $(70) and $(50) million, compared to $(81) million in Q1 2020.
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