=Facebook (FB) reported earnings on Tue 30 Oct 2018 (a/h)
Facebook beats by $0.32, reports revs in-line
Reports Q3 (Sep) earnings of $1.76 per share, $0.32 better than the S&P Capital IQ Consensus of $1.44; revenues rose 32.9% year/year to $13.73 bln vs the $13.82 bln S&P Capital IQ Consensus. Expenses +53% to $7.95 bln.
Daily active users (DAUs) -- DAUs were 1.49 billion on average for September 2018, an increase of 9% year-over-year. Monthly active users (MAUs) -- MAUs were 2.27 billion as of September 30, 2018, an increase of 10% year-over-year. Mobile advertising revenue -- Mobile advertising revenue represented approximately 92% of advertising revenue for the third quarter of 2018, up from approximately 88% of advertising revenue in the third quarter of 2017.
We estimate that more than 2.6 billion people now use Facebook, WhatsApp, Instagram, or Messenger (our "Family" of services) each month, and more than 2 billion people use at least one of our Family of services every day on average.
"Our community and business continue to grow quickly, and now more than 2 billion people use at least one of our services every day," said Mark Zuckerberg, Facebook founder and CEO. "We're building the best services for private messaging and stories, and there are huge opportunities ahead in video and commerce as well."
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