Facebook's (FB) Q4 Earnings Beat Estimates, Revenues Up Y/Y
Zacks Investment Research | Jan 30, 2020 07:15AM ET
Facebook (NASDAQ:FB) reported fourth-quarter 2019 earnings of $2.56 per share that beat the Zacks Consensus Estimate by 1.6% and increased 7.3% year over year.
Revenues of $21.08 billion comfortably surpassed the Zacks Consensus Estimate by 0.9% and rose 24.6% year over year. At constant currency (cc), revenues rallied 26%.
Monthly active users (MAUs) were 2.498 billion, up 7.7% year over year. Daily Active Users (DAUs) were 1.657 billion, on average, increasing 8.8% year over year and representing 66% of MAUs.
Family Daily Active People (DAP), defined as a registered and logged-in user who visited at least one of the Family products (Facebook, Instagram, Messenger, and/or WhatsApp) on a given day, was 2.26 billion compared with 2.03 billion in the year-ago quarter.
Family Monthly Active People (MAP) was 2.89 billion compared with 2.64 billion in the year-ago quarter.
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