Company News: Facebook (FB) report was mixed but user growth crushes estimates

Market news

23 April 2015

Company News: Facebook (FB) report was mixed but user growth crushes estimates

Company reports Q1 earnings of $0.42 per share versus $0.40 consensus. Revenues rose 41.6% year/year to $3.54 bln versus $3.56 bln consensus.

Daily active users (DAUs) for the social media platform came in at 936 million on average for March 2015, an increase of 17% YoY and consensus estimate of 920.2 million.

FB fell to $83.47 (-1.37%) on the premarket.

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