Market Currents

More on Facebook's Q2: Monthly active users (MAUs) were 955M at end of June, +6% Q/Q and +29%...

Thursday, July 26, 2012, 4:29 PM ET
More on Facebook's Q2: Monthly active users (MAUs) were 955M at end of June, +6% Q/Q and +29% Y/Y. Mobile MAUs were 543M, +11% Q/Q and +67% Y/Y. Ad revenue +14% Q/Q and +28% Y/Y (was 37% in Q1), 84% of total. Payments revenue +3% Q/Q (no Y/Y data), indicating a major slowdown. Capex +213% Y/Y to $413M. Operating cash flow of $129M, -47%. R&D and sales/marketing expenses up significantly. FB reverses course, now -8.7%. ZNGA -4.6%. (PR; call transcript)

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This news story has 18 comments:

TruffelPig Comments (3334)

Slowing down with a P/E of 80 ain't healthy.....

26 Jul 2012, 04:32 PM Reply Like

dab3z Comments (312)

Unless you're Amazon.

26 Jul 2012, 06:13 PM Reply Like

Wall Street Smart Comments (472)

It is over. Going to 15.

26 Jul 2012, 04:36 PM Reply Like

GaltMachine Comments (931)

FACEPLANT!

26 Jul 2012, 04:39 PM Reply Like

Growtheport Comments (110)

Fartbook. Just because someone stumbles into a business idea and becomes a CEO doesn't mean he can lead a company.

26 Jul 2012, 04:46 PM Reply Like

Stoploss Comments (1727)

MAU is BS, there is no way to accurately track it, if you ever were a user of FB your still counted as an active user.

Now, you have a conflict between mau's, and ocf that should not be there.

The best thing to do here is unwind this whole thing before somebody gets hurt.

Fortunately for MZ, he didn't create FB, the GOV'T DID, according to the hric.

So, it's their problem... LOL!!!

26 Jul 2012, 04:47 PM Reply Like

Mike Maher Comments (1880)

Does anyone know off the top of their head when the lockup for insiders expires? I thought i remember reading it was shorter than a standard IPO, but I may be mistaken. I'd imagine thats the next catalyst for the stock to head lower.

26 Jul 2012, 05:18 PM Reply Like

David Urban Comments (1036)

2nd the MAU numbers and would like to add that many people have two accounts. One for work and one for friends.

I would like to know uniques rather than MAU's.

26 Jul 2012, 06:02 PM Reply Like

Deepinthemoney Comments (2)

Reverse split coming, and then a massive short

26 Jul 2012, 06:13 PM Reply Like

INVESTGROUP Comments (29)

time to load up on znga and fb

26 Jul 2012, 06:16 PM Reply Like

Econdoc Comments (2944)

just is not growing fast enough to justify the PE

this is a 10 to 15 dollar stock until they can pick up the growth

E

26 Jul 2012, 06:16 PM Reply Like

Tack Comments (9398)

Econ:

FB has already experienced their halcyon growth days. They waited way too long for their IPO and were lucky to get the price they did at that moment.

26 Jul 2012, 10:29 PM Reply Like

lilell1919 Comment (1)

its next month in august sometime

26 Jul 2012, 06:37 PM Reply Like

Mike Maher Comments (1880)

August 20th, I think. I broke down and looked it up lol

26 Jul 2012, 06:47 PM Reply Like

jakewehrell Comments (39)

I have to conclude that monetization and profits WILL occur - and the stock price will rise sharply eventually, or.... this IPO will go down as the biggest screwup in the history of any exchange!

26 Jul 2012, 11:29 PM Reply Like