Company News: Facebook (FB) quarterly earnings beat analysts’ estimate

Market news

25 April 2019

Company News: Facebook (FB) quarterly earnings beat analysts’ estimate

Facebook (FB) reported Q1 FY 2019 earnings of $1.89 per share (versus $1.69 in Q1 FY 2018), beating analysts’ consensus of $1.61.

The company’s quarterly revenues amounted to $15.077 bln (+26.0% y/y), generally in line with analysts’ consensus estimate of $14.973 bln.

FB rose $199.29 (+9.15%) in pre-market trading.

Company News: Microsoft (MSFT) quarterly results beat analysts’ expectations

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