Facebook: Q4 beats consensus

(CercleFinance.com) - On Wednesday evening Facebook announced Q4 2018 net income that is up 61% at 6.
9 billion dollars, or 2.38 dollars per share, while the consensus was expecting almost twenty cents less.

Revenues rose by 30% to 16.9 billion dollars, mainly comprised of mobile advertising (93% of advertising revenue), while average monthly user numbers increased by 9% to 2.32 billion.

Thus, over FY 2018, the US social media giant's EPS rose by 40% to 7.57 dollars, for revenues that are up 37% to over 55.8 billion dollars.



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