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Facebook +2.33%; Q4 2016 over expectations [updated]

Feb. 01, 2017 4:03 PM ETMeta Platforms, Inc. (META) StockMETABy: Eric McCaffrey, SA News Editor162 Comments
  • Q4 2016 results – revenue $8.81B (+50.9% Y/Y, $300M above estimates), EPS $1.41 ($0.10 above estimates)
  • Segment revenues – Advertising $8.629B (+53% Y/Y), Payments and other fees $180M (-12% Y/Y)
  • FY 2016 operational highlights – average DAUs 1.23B for December (+18% Y/Y), average Mobile DAUs 1.15B (+23% Y/Y), MAUs as of December 31 1.86B (+17% Y/Y), Mobile MAUs as of December 31 1.74B (+21% Y/Y)
  • Q4, FY 2016 other financial highlights – Q4 mobile advertising revenue 84% of total advertising revenue (up from 80% Y/Y), FY capital expenditures $4.49B, cash, cash equivalents and marketable securities $29.45B at Q4 end
  • Facebook (NASDAQ:FB) founder and CEO Mark Zuckerberg: "Our mission to connect the world is more important now than ever. Our business did well in 2016, but we have a lot of work ahead to help bring people together."
  • Conference call
  • Press release
  • Presentation slides
  • 8-K

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