Facebook beats by $0.02, reports revs in-line
Reports Q1 (Mar) earnings of $0.42 per share, $0.02 better than the Capital IQ Consensus Estimate of $0.40; revenues rose 41.6% year/year to $3.54 bln vs the $3.56 bln consensus.
* Key Metrics
Daily active users (DAUs) were 936 million an increase of 17% y/y; Mobile DAUs were 798 million an increase of 31% y/y.
Monthly active users (MAUs) were 1.44 billion an increase of 13% y/y; Mobile MAUs were 1.25 billion an increase of 24% y/y.
* Revenue
Revenue totaled $3.54 billion, an increase of 42%, ex FX would have increased 49%.
Revenue from advertising was $3.32 billion, a 46% y/y increase.
Mobile advertising revenue represented approximately 73% of advertising revenue.
* Costs and expenses
Non-GAAP costs and expenses were $1.70 billion in the first quarter of 2015, up 57% y/y.
Non-GAAP operating margin was 52% compared to 57% for the first quarter of 2014.
Free cash flow for the first quarter of 2015 was $1.20 billion.