Facebook Earnings

  • Facebook beats in Q3 with $4.7B profit, record share price despite Russia

    Facebook beats in Q3 with $4.7B profit, record share price despite Russia

    Facebook is still in the middle of its House Intelligence Committee hearing about Russian election interference, but the looming concerns over misuse haven’t dampened its business as profits continue to soar and its share price hits an all-time high. Still, CEO Mark Zuckerberg saw it fit to break from his traditional “Our business is doing well” script to add “But none… Read More

  • WhatsApp hits 1B daily users while its Snapchat clone rockets to 250M

    WhatsApp hits 1B daily users while its Snapchat clone rockets to 250M

    Facebook is winning the race to bring Snapchat’s Stories format to the rest of the world before its originator. WhatsApp Status, its version of Snapchat Stories, now has 250 million daily active users. That’s despite it being relegated to a secondary dedicated tab in the app, opposed to being front and center on the home screen like Instagram Stories which also now has over 250… Read More

  • Facebook beats in Q2 with $9.32B revenue despite slower user growth

    Facebook beats in Q2 with $9.32B revenue despite slower user growth

    Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS. Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue growth is slowing, in line with Facebook’s warning to investors that it was running out of space to show… Read More

  • Facebook beats in Q1 with $8.03B revenue, faster growth to 1.94B users

    Facebook beats in Q1 with $8.03B revenue, faster growth to 1.94B users

    Facebook had another strong quarter, beating estimates to start 2017. It scored $8.03 billion in revenue and $1.04 GAAP actual EPS in Q1 compared to $0.87 EPS estimate. It earned that from 1.94 billion users, up from 1.86 billion last quarter, growing at a faster 4.3 percent compared to 3.91 perecent last quarter. Steady Growth, Strong Profits At this rate Facebook should hit 2 billion… Read More

  • 10 big earnings questions Facebook probably won’t answer

    10 big earnings questions Facebook probably won’t answer

    Teens and Snapchat? Instagram earning money finally? The impact of the fake news scandal? These are what we wish Facebook would talk about on today’s Q4 earnings call. Facebook’s business is expanding in every direction, but it breaks out very little of that, keeping investors and the public in the dark about its newer revenue streams. Meanwhile, controversies and competition can… Read More

  • Facebook crushes Q2 earnings, hits 1.71B users and record share price

    Facebook crushes Q2 earnings, hits 1.71B users and record share price

    Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63% compared to last quarter’s 3.77%, adding 60 million monthly users this quarter to reach 1.71 billion. It scored $6.44 billion in revenue and $0.97 EPS, blowing past estimates of $6.02 billion and $0.82 EPS. This is… Read More

  • Facebook swells to 1.65B users and beats Q1 estimates with $5.38B revenue

    Facebook swells to 1.65B users and beats Q1 estimates with $5.38B revenue

    Facebook continued its winning streak as other tech companies floundered, reaching 1.65 billion monthly users and surpassing estimates in its Q1 2016 earnings report with $5.38 billion in revenue and $0.77 earnings per share. Facebook’s share price climbed more than 8 percent in the moments after earnings were announced, reaching more than $117 in after-hours trading. Revenue was up… Read More

  • Trouble With Teens Could Trip Up Today’s Facebook Earnings

    Trouble With Teens Could Trip Up Today’s Facebook Earnings

    When Facebook mentioned “a decrease in daily users specifically among younger teens” in last quarter’s earnings call, its share price fell from $57.98 in after-hours to open the next day at $47.16, eliminating tens of billions of dollars in value accrued from strong financials. How will investors react if today’s Q4 2013 earnings see Facebook admit a more serious… Read More

  • Facebook Admits Some Decrease Of Usage Amongst Young Teens For The First Time

    Facebook Admits Some Decrease Of Usage Amongst Young Teens For The First Time

    Facebook may be feeling the pinch from teen-focused mobile-first social networks like Snapchat, as CFO David Ebersman said on today’s earnings call that Facebook “did see a decrease in daily users specifically among younger teens,” though he prefaced that saying “usage of Facebook among US teens overall was stable from Q2 to Q3.” This is the first time Facebook… Read More