Facebook significantly outperformed expectations in the fourth quarter of 2015, both in terms of financial and engagement metrics. The company registered 52% growth in revenue over the prior year quarter to over $5.84 billion, against a Reuters compiled consensus estimate of $5.36 billion. Operating income more than doubled to $2.56 billion and the company’s operating margin improved from 29% in Q4 2014 to 44% in Q4 2015. This helped Facebook post robust 116% year-over-year (y-o-y) earnings growth in the quarter to 54 cents a share. In terms of engagement metrics, there was 3% sequential growth each in Facebook’s daily active users (DAUs) to 1.04 billion and monthly active users (MAUs) to 1.59 billion. To put this in perspective, this means that over 20% of the world’s population logs in to Facebook at least once a month. This ratio varies from over 60% in the U.S. and Canada to 14% in the Asia-Pacific region.
from Forbes – Tech http://ift.tt/1ZWx1t6
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