Facebook saw a “significant reduction” in advertising demand over the last three weeks of March but the first three weeks of April showed “signs of stability”
it means Facebook's CFO thinks the economy is not in recovery, and the worst may be ahead.) Rat King / @mikeisaac : Now for the first time ever, more than 3 billion people actively using one or more Facebook's services — Instagram, Messenger, WhatsApp, Facebook — each month. Alex Heath / @alexeheath : This the same story as Google Q1 earnings yesterday. The real pain won't be felt until Q2 numbers are out in a few months. Alex Heath / @alexeheath : Facebook shares are up after management said ad growth has been flat in April rather than negative. Also the company added a ton of new users in the 1st quarter. Revenue growth was the slowest it's ever been, well below what was expected pre-COVID https://www.theinformation.com/ ... Alexei Oreskovic / @lexnfx : Facebook took a machete to G&A spending in Q1, reducing the line item by 61%! That seems to be the big reason op ex stayed flat year-over-year while revenue grew 17%. Alexei Oreskovic / @lexnfx : Looks like FB had $3 billion in legal expenses in the year-earlier period, so that accounts for the big drop on the G&A line. Steve Kovach / @stevekovach : Facebook earnings story is largely the same as Google's yesterday. March was brutal, but signs of stabilization in the first few weeks of April. Stock up 9% https://www.cnbc.com/... Steve Kovach / @stevekovach : Facebook's other revenues (which includes devices like Portal and Oculus) is up 80% https://www.cnbc.com/... Alexei Oreskovic / @lexnfx : Facebook's MAU to DAU ratio may be one of the longest running metrics streaks in earnings history. It's been 66% for probably at least five years now, i think. (make of the metric what you will)... https://twitter.com/... Peter Kafka / @pkafka : Flat's the new up, again. Unless you are not Facebook, in which case staying alive is the new up. https://twitter.com/... Lance Ulanoff / @lanceulanoff : Some highlights from Facebook Q1 2020 Earnings: 2.6B monthly active users $17.7B revenue And some caution about the future: https://twitter.com/... Queenie Wong / @qwongsj : Facebook's Q1 earnings: $17.7 billion in revenue vs. $17.4 billion expected. The company earned $1.71 below expectations of $1.75 per share. Monthly active users hit 2.60 billion. Stock up in after-hours trading. $FB @cnbcnow : Facebook surges 8% after-hours; company reports higher-than-expected monthly active users and sees “signs of stability” in advertising https://www.cnbc.com/... https://twitter.com/... See also Mediagazer
a jump from 2.89 to 2.99 doesn't seem that big but then you remember that's 100 million people and then it does seem big #analysis https://twitter.com/...
FB reported earnings today and sales were up 18% for the first 3 months of 2020. Most of that was pre-Covid19 of course, but FB says that revenue through the first 3 weeks of April “has been approximately flat” compared to last year. Flat = OK! in 2020 Stock up ~10% https://twitt…
Here's how Facebook thinks that the global pandemic is going to affect Facebook. Revenues will be down, because fewer people are advertising. Engagement will be up because people are bored. https://investor.fb.com/... https://twitter.com/...
Now for the first time ever, more than 3 billion people actively using one or more Facebook's services — Instagram, Messenger, WhatsApp, Facebook — each month.
Facebook shares are up after management said ad growth has been flat in April rather than negative. Also the company added a ton of new users in the 1st quarter. Revenue growth was the slowest it's ever been, well below what was expected pre-COVID https://www.theinformation.com/ …
Facebook took a machete to G&A spending in Q1, reducing the line item by 61%! That seems to be the big reason op ex stayed flat year-over-year while revenue grew 17%.
Facebook earnings story is largely the same as Google's yesterday. March was brutal, but signs of stabilization in the first few weeks of April. Stock up 9% https://www.cnbc.com/...
Facebook's MAU to DAU ratio may be one of the longest running metrics streaks in earnings history. It's been 66% for probably at least five years now, i think. (make of the metric what you will)... https://twitter.com/...
Facebook's Q1 earnings: $17.7 billion in revenue vs. $17.4 billion expected. The company earned $1.71 below expectations of $1.75 per share. Monthly active users hit 2.60 billion. Stock up in after-hours trading. $FB
Facebook surges 8% after-hours; company reports higher-than-expected monthly active users and sees “signs of stability” in advertising https://www.cnbc.com/... https://twitter.com/...