Facebook beats in Q4 with $8.81B revenue..growth to 1.86B users

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Facebook beats in Q4 with $8.81B revenue, slower growth to 1.86B users

Facebook had another strong quarter in Q4 2016, earning $8.81 billion in revenue and $1.41 EPS. It pulled that from 1.86 billion monthly users, up 3.91 percent this quarter, or 70 million users, from 1.79 billion, but at a slower pace than its 4.67 percent growth last quarter. Mobile now makes up 84 percent of its ad revenue, the same as last quarter, accounting for $7.248 billion, signalling that Facebook has successfully completed its shift to mobile.

Facebook blew past analyst estimates, which were  $8.51 billion in revenue $1.31 EPS. Profit reached $3.568 billion with revenue growth at 177 percent YoY, compared to $2.379 billion last quarter. Revenue was up 51 percent YoY compared to 56 percent last quarter and 59 percent in Q2. Facebook raked in $27.6 billion in total revenue in 2016.

Last quarter Facebook warned that revenue growth would slow because it predicts it will run out of ad space in mid-2017, though it seems that’s already having an impact. But despite this slowing of revenue growth, investors pushed the share price up 2.52 percent in after-hours trading to $136.69 following the earnings announcement, after it closed up 2.23 percent at $133.23 earlier today. By the end of the earnings call, the after-hours share price has slipped to just 0.94 percent up.

Daily active users hit 1.23 billion, up from 1.18 billion last quarter and up 18 percent YoY, compared to 17 percent last quarter. Facebook now has 1.74 billion mobile monthly users, up from 1.66 billion last quarter, and 1.149 billion mobile-only monthly users up from 1.055 billion last quarter.

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1.86bn users..the worlds population is 7.5bn..basically a quarter of the human population have facebook..incredible really..the data from here is the motherlode of all motherlodes..the influence that can be peddled is unrivaled..

401

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~ by seeker401 on February 3, 2017.

One Response to “Facebook beats in Q4 with $8.81B revenue..growth to 1.86B users”

  1. Reblogged this on World Peace Forum.

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