Facebook (FB) Misses Q1 EPS by 8c, Revs Beat

Facebook (NASDAQ: FB) reported Q1 EPS of $1.04, $0.08 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $8.03 billion versus the consensus estimate of $7.83 billion.

*** Facebook is no longer reporting non-GAAP expenses, income, tax rate, and earnings per share (EPS).

First Quarter 2017 Operational and Other Financial Highlights

• Daily active users (DAUs) – DAUs were 1.28 billion on average for March 2017, an increase of 18% year-over-year.
• Monthly active users (MAUs) – MAUs were 1.94 billion as of March 31, 2017, an increase of 17% year-over-year.
• Mobile advertising revenue – Mobile advertising revenue represented approximately 85% of advertising revenue for the first quarter of 2017, up from approximately 82% of advertising revenue in the first quarter of 2016.
• Capital expenditures – Capital expenditures for the first quarter of 2017 were $1.27 billion.
• Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $32.31 billion at the end of the first quarter of 2017.
• Headcount – Headcount was 18,770 as of March 31, 2017, an increase of 38% year-over-year.

For earnings history and earnings-related data on Facebook (FB) click here.

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