Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended June 30, 2019. The social network announced its Q1 2019 financial results on Wednesday, and beat analysts' expectations on revenues. Facebook's $5 billion FTC fine is historic, but everybody knew it was coming. July 24, 2019 02:00 PM PST. This would mark a slowdown from Q1’s roughly 26% growth and Q2 2018’s 42% top-line expansion. Find earnings report and search by company, date and market cap.
Facebook saw its user base in Europe grow to 286 million daily active users, up from 282 million last quarter. Posted on July 23, 2019 July 23, 2019 10:24 am ... the investigation had on Facebook’s first-quarter earnings… Q2'17 Q3'17 Q4'17 Q1'18 Q2'18 Q3'18 Q4'18 Q1'19* Q2'19* 47% 50% 57% 46% 44% 42% 46% 22% 27% *Includes $3.0 billion and $2.0 billion in legal expenses accrued in the first quarter and second quarter of 2019, respectively, related to the FTC settlement as discussed in our … In fact, Q2 is expected to be Facebook’s slowest quarterly revenue growth as a public company, based on our data here at Zacks. See who is reporting this week. Breakout Biotech Stocks with Triple-Digit Profit Potential Fiscal Quarter End Date Reported Earnings Per Share* Consensus EPS* Forecast % Surprise; Mar 2020: 04/29/2020: 1.71: 1.73-1.16: Dec 2019: 01/29/2020: 2.56: 2.52: 1.59 Facebook saw its user base in Europe grow to 286 million daily active users, up from 282 million last quarter. "We had a strong quarter and our business and community continue to grow," said Mark Zuckerberg, Facebook founder and CEO. Overall, Facebook’s fiscal 2019 revenue is projected to climb 24.1% from $55.84 billion to $69.31 billion. TheStreet and RealMoney's tech columnist, Eric Jhonsa, is live blogging the company's earnings … The company's user base in the U.S. … Net income grew 48% year-over-year to $2.6 billion or $0.91 per share. Facebook's revenue growth also has slowed markedly in recent years. Facebook Q2 Earnings Preview: Ad Sales, Libra To Affect Growth. Our Chairman and CEO Dirk Van de Put commented: "Our more consumer-centric mindset is driving investments in advertising and promotion of our global and local brands, as well as accelerated innovation and improved distribution capabilities." Excluding a one-time le Facebook says it expects to be fined up to $5 billion by US regulators. Shares were up more than 1% in … Facebook Inc. beat market expectations for both revenue and earnings in the second quarter of 2019, sending the stock climbing 1.4% in after-market hours on Wednesday.Total revenues were $16.8 billion, up 28% from the same period last year, and ahead of estimates of $16.5 billion. Check out the Markets Insider earnings calendar. Shares of Facebook were rising 3.5% to $211.76 in after-hours trading on Wednesday. 25, 2019 • 19 Comments Facebook's (FB) CEO Mark Zuckerberg on Q2 2019 Results - Earnings Call Transcript
Facebook, Inc. 2019 Q2 - Results - Earnings Call Slides Jul. Facebook is scheduled to post its official Q2 2019 results after the market closes on Wednesday, July 24.
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