Facebook 1Q Sales, Profit Beat Analysts' Estimates

The video discusses Facebook's financial performance, highlighting its adjusted earnings per share of $0.77, surpassing the consensus estimate of $0.63. Revenue for the first quarter was $5.3 billion, exceeding expectations. User growth metrics showed 1.65 billion monthly active users and 1.09 billion daily active users, both above estimates. Facebook plans to issue nonvoting Class C shares as a stock dividend, similar to Google's past strategy. The market reacted positively, with Facebook's stock rising nearly 8% aftermarket. In contrast to competitors like Apple, Google, and Yahoo, Facebook's advertising revenue, particularly from mobile, showed strong growth, accounting for 82% of total advertising revenue.

What was Facebook's adjusted earnings per share in the first quarter?

• $0.70

• $0.80

• $0.77

• $0.63

How did Facebook's first quarter revenue compare to analyst expectations?

• It was not disclosed

• It was higher than expected

• It was lower than expected

• It matched expectations

What was the number of Facebook's monthly active users in the first quarter?

• 1.60 billion

• 1.70 billion

• 1.65 billion

• 1.62 billion

What strategic move did Facebook announce regarding its stock?

• Issuing a new class of voting stock

• Issuing a new class of nonvoting stock

• Merging with another company

• Buying back shares

How did Facebook's mobile advertising revenue as a percentage of total advertising revenue compare to the previous year?

• It decreased

• It remained the same

• It increased

• It was not mentioned