Facebook beats by $0.24, beats on revs (186.89 -0.23)
Reports Q4 (Dec) earnings of $2.21 per share, excluding $0.77 charge from tax reform, $0.24 better than the Capital IQ Consensus of $1.97; revenues rose 47.3% year/year to $12.97 bln vs the $12.55 bln Capital IQ Consensus. Mobile advertising revenue -- Mobile advertising revenue represented ~89% of advertising revenue for the fourth quarter of 2017, up from ~84% of advertising revenue in the fourth quarter of 2016.
Daily active users (DAUs) -- DAUs were 1.40 billion on average for December 2017, an increase of 14% year-over-year.
Monthly active users (MAUs) -- MAUs were 2.13 billion as of December 31, 2017, an increase of 14% year-over-year.
Capital expenditures -- Capital expenditures were $2.26 billion and $6.73 billion for the fourth quarter and full year 2017, respectively.
Cash and cash equivalents and marketable securities -- Cash and cash equivalents and marketable securities were $41.71 billion at the end of the fourth quarter of 2017.
Headcount was 25,105 as of December 31, 2017, an increase of 47% year-over-year.