Facebook Easily Beats
January 30, 2019
financial results for the quarter and full year ended December 31, 2018
The firm has earnings of $2.38 per
share with $2.19 expected. Facebook noted revenue of $16.91 billion with
$16.39 billion forecast.
The social network's number of Daily
active users and Monthly active users was in line with expectations. The
average revenue per user was $7.37 with only $7.11 expected.
Fourth Quarter and Full Year 2018 Operational and Other Financial
- Daily active
users (DAUs) – DAUs were 1.52 billion on average for December
2018, an increase of 9% year-over-year.
- Monthly active
users (MAUs) – MAUs were 2.32 billion as of December 31, 2018,
an increase of 9% year-over-year.
advertising revenue – Mobile advertising revenue represented
approximately 93% of advertising revenue for the fourth quarter
of 2018, up from approximately 89% of advertising revenue in the
fourth quarter of 2017.
expenditures – Capital expenditures were $4.37 billion and
$13.92 billion for the fourth quarter and full year 2018,
- Cash and cash
equivalents and marketable securities – Cash and cash
equivalents and marketable securities were $41.11 billion at the
end of the fourth quarter of 2018.
- Headcount –
Headcount was 35,587 as of December 31, 2018, an increase of 42%
Around 2.7 billion people now use Facebook, Instagram,
WhatsApp, or Messenger each month, and
more than 2 billion people use at least one of their
services every day on average.
"Our community and business continue to grow," said Mark Zuckerberg,
Facebook founder and CEO. "We've fundamentally changed how we run our
company to focus on the biggest social issues, and we're investing more
to build new and inspiring ways for people to connect."