FB has 5X the shares, doesn't it? Don't know if that even matters any more.
By Tiernan Ray
Facebook (FB) this afternoon reported revenue and earnings that topped analysts’ expectations, and also beat on user growth, but still saw its shares sell off in late trading.
Revenue in teh three months ended in June rose to $4.04 billion, yielding EPS of 50 cents.
Analysts are modeling Facebook to report $3.99 billion and 47 cents a share.
Monthly active users rose 13%, year over year, to 1.49 billion.
Facebook CEO Mark Zuckerberg called it “another strong quarter,” remarking that “engagement across our family of apps keeps growing, and we remain focused on improving the quality of our services.”
The average estimate for “monthly active users,” or MAUs, moreover, is for 1.476 billion, up from 1.44 billion last quarter, per Factset.
Facebook’s mobile active user count rose 23% to 1.31 billion. Daily average users rose to 968 million, a 17% increase.
Mobile advertising revenue rose to 76% of total revenue from 62% a year earlier.
Free cash flow for the quarter came in at $1.33 billion.
The stock is down $4.10, or 4.4%, at $92.90, in late trading.
advertising, earnings, Social Networking
is one thing that sinks traders. Amazing detail since it's called
From the TWTR board a guy said that he'd held for a long time, lost his daughter's college fund and put his marriage on the rocks. . . The cost of going long and hope.
Indicators look at odds. Which is the strongest, which timeframe. . . a few hours might tell the story now.
The guidelines are sort of a mystery.
Very nice TWTR trade. Now give that back! You know those longs are in misery.
-Hoping very much for a long nice surprise. It's only right.
May the force be with you.
Zuck is reading your mind. (Next he'll be controlling it). Did you read the thing on telepathy (within a decade)? "Earth to Zuck, Earth to Zuck, please stay grounded today!"
Let#$%$ $125 today and take some profit.