Facebook Inc (FB) reported Q4 2015 revenues of $5.84b (vs. Street estimates of $5.36b) for growth of 52% YoY (60% YoY excl. FX). Advertising: Revenue was $5.64b for growth of 57% YoY (66% excl. FX – an acceleration from 57% in Q3). In Q4, mobile advertising revenue represented approx. 80% of total advertising revs, up from 78% in Q3 2015 & 69% in Q4 2014. Payments: Revenue was $204mm, a 21% decrease YoY. Adj. EBITD was $3.88b (vs. Street of $3.41b) for 66.3% margin (vs. Street 63.6%). Adj. EPS was $0.79 (vs. Street of $0.68). Investors were giddy about the results and shares soared 12.12% to $94.45 in after hours trading.
Mark Zuckerberg noted on the Facebook conference call:
Overall, Q4 was a strong quarter and a great end...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
