Facebook’s stock slips more than 2% after mixed Q1 earnings !

mark-zuckerberg

Facebook stock slipped 2% today after the company reported its earnings for the first quarter of 2015. Here are some of the key highlights of Facebook’s Q1 earnings

  • $3.54 billion in revenue, compared to the $3.56 billion in revenue expected by analysts. 42% year over year increase in revenues.Facebook notes that “excluding year-over-year changes in forex rates, revenue would have increased by 49%.”
  • EPS of $0.42 versus the $0.40 cents expected by analysts.
  • Mobile advertising revenue roughly 73% of advertising revenue.
  • 1.44 billion monthly active users versus analyst expectations of 1.43 billion.
  • On mobile, Facebook reached 1.25 billion mobile monthly users .
  • Facebook’s daily video views grew to 4 billion, up from 3 billion in January.
  • Operating margin drops to 26% from 43% in the year-ago period, as Facebook carries through with an expected boost in spending.

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