Facebook's 1st-Qtr Revenue Beats Analysts' Estimates

The transcript discusses Facebook's strong financial performance, highlighting revenue and user growth that exceeded expectations. It covers the company's decision to stop reporting non-GAAP EPS, aligning with Alphabet's approach. Analysts discuss the importance of monetizing mobile users and the need for future growth through platforms like Instagram and WhatsApp. The transcript also addresses content moderation efforts and competition with platforms like Snapchat.

What was the first quarter revenue reported by Facebook?

How many monthly active users did Facebook report?

What significant change did Facebook announce regarding its reporting of earnings?

What was the reported earnings per share (EPS) for Facebook?

What concerns were raised regarding Facebook's approach to advertising?

What are the two additional platforms mentioned that Facebook is focusing on for growth?

How is Facebook addressing the issue of violence broadcasted on its platform?