Categories Earnings, Technology

Understanding Facebook (NASDAQ: FB) Q3 2019 earnings results through 4 charts

Facebook Inc. (NASDAQ: FB) exceeded market expectations for both revenue and earnings in the third quarter of 2019, sending the stock climbing 3.4% during after-market hours on Wednesday.

Total revenues were $17.65 billion, up 29% from the same period last year, and ahead of analysts’ estimate of $17.37 billion.

Facebook revenue growth vs expense growth

Net income grew 19% year-over-year to $6.1 billion, or $2.12 per share. Analysts had forecast Q3 EPS of $1.91.

Meanwhile, the company once again posted lackluster DAU and MAU growth in Q3. Daily Active Users (DAUs) increased 9% year-over-year to 1.62 billion, while Monthly Active Users (MAUs) rose 8% to $2.45 billion.

Facebook User Base Growth Trend Q3 2019

Advertising revenues, which make up a majority of Facebook’s revenues, increased 28% year-over-year to $17.38 billion. Mobile advertising revenue represented approx. 94% of advertising revenue, up from approx. 92% of advertising revenue in the year-ago quarter. Revenue from payments and other fees rose 43%.

Though Facebook shares recovered after slipping to a multi-year low last year, they have been witnessing volatility since the beginning of 2019. The stock has surged about 36% so far this year, outperforming the tech sector and the S&P 500 index.

Facebook Monthly Active Users by Region Q3 2019

Snap Inc. (NASDAQ: SNAP), the owner of photo-sharing platform Snapchat that competes with Facebook’s Instagram, reported a narrower loss of $0.16 per share for the third quarter, aided by a 50% growth in revenues to $446 million. Microblogging site Twitter (TWTR) last week issued weak outlook for the December-quarter, after its third-quarter profit fell sharply to $0.17 per share and missed estimates.

The company is currently working to deliver on its promise of reducing toxic content on the platform, after being slapped heavy fines by the regulators. This has led to massive increase in its expenses over the past few quarters.

Facebook Q3 2019 earnings results

Interestingly, the initiatives have not prevented social media giant from going ahead with its expansion plans, with focus on new growth avenues.

Over the years, Facebook has maintained the growth momentum in its advertising business. The key to cashing in on the growing user engagement and steady rise in advertising revenue is to rein in costs and revive margin growth.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO

Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Comments

  1. Pingback: Lincoln Georgis
  2. Pingback: Chirurgie Tunisie
  3. Pingback: Medication safety
  4. Pingback: practical training
  5. Pingback: smart systems
  6. Pingback: GPA Calculation
  7. Pingback: Field Visits
  8. Pingback: التدويل
  9. Pingback: Academic Appeals
  10. Pingback: pec deck
  11. Pingback: pull ups
  12. Pingback: Fiverr Earn
  13. Pingback: Fiverr Earn
  14. Pingback: fiverrearn.com
  15. Pingback: hair loss
  16. Pingback: weather
  17. Pingback: fiverrearn.com
  18. Pingback: french terrier
  19. Pingback: SMM
  20. Pingback: isla mahara
  21. Pingback: sorority
  22. Pingback: clima fresno
  23. Pingback: Samsung phone
  24. Pingback: techno
  25. Pingback: future university
  26. Pingback: drip chains
  27. Pingback: seo company tampa
  28. Pingback: fue
  29. Pingback: lean manufacturing
  30. Pingback: Piano transport
  31. Pingback: Classic Books 500
  32. Pingback: FiverrEarn
  33. Pingback: Fiverr.Com
  34. Pingback: Coach
  35. Pingback: FiverrEarn
  36. Pingback: FiverrEarn
  37. Pingback: How to start porn
  38. Pingback: partners
  39. Pingback: sonofit supplement
  40. Pingback: Political Theory
  41. Pingback: FiverrEarn
  42. Pingback: FiverrEarn
  43. Pingback: FiverrEarn
  44. Pingback: FiverrEarn
  45. Pingback: FiverrEarn
  46. Pingback: FiverrEarn
  47. Pingback: FiverrEarn
  48. Pingback: FiverrEarn
  49. Pingback: pearl
  50. Pingback: agriculture
  51. Pingback: FiverrEarn
  52. Pingback: FiverrEarn
  53. Pingback: FiverrEarn
  54. Pingback: pure neuro scam
  55. Pingback: cheap sex cams
  56. Pingback: fullersears.com
  57. Pingback: live sex cams
  58. Pingback: live sex cams
  59. Pingback: rare breed-trigger
  60. Pingback: 늑대닷컴
  61. Pingback: RTP slot
  62. Pingback: nangs sydney
  63. Pingback: superslot
  64. Pingback: allgame
  65. Pingback: 918kiss
  66. Pingback: หวย24
  67. Pingback: Anti aging cream
  68. Pingback: regles 421
  69. Pingback: cybersécurité
  70. Pingback: Life Coach Chelsea
  71. Pingback: catskills hotel
  72. Pingback: megagame
  73. Pingback: sicarios
  74. Pingback: itme.xyz
  75. Pingback: itme.xyz
  76. Pingback: itme.xyz

Comments are closed.

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top