Facebook (FB) Tops Q4 EPS by 10c
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Facebook (NASDAQ: FB) reported Q4 Non-GAAP EPS of $1.41, $0.10 better than the analyst estimate of $1.31. Revenue for the quarter came in at $8.81 billion versus the consensus estimate of $8.51 billion.
- Mobile advertising revenue – Mobile advertising revenue represented approximately 84% of advertising revenue for the fourth quarter of 2016, up from approximately 80% of advertising revenue in the fourth quarter of 2015.
- Capital expenditures – Capital expenditures for the full year 2016 were $4.49 billion.
- Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $29.45 billion at the end of the fourth quarter of 2016.
"Our mission to connect the world is more important now than ever," said Mark Zuckerberg, Facebook founder and CEO. "Our business did well in 2016, but we have a lot of work ahead to help bring people together."
For earnings history and earnings-related data on Facebook (FB) click here.
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