4 ms·

Facebook Reports Third Quarter 2018 Results

64 points by samfisher83 8y ago

eiaoa 8y ago
What are it's DAU/MAU numbers for the US and Western Europe?
- fullshark 8y ago
  https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3/Q3-2018-Earnings-Presentation.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3... Flat from last quarter
- deleted 8y ago
  [deleted]
chollida1 8y ago
Pre: - options pricing in move of almost 10% - going in the stock is down about SalesForce's entire market cap Numbers: - 3Q Ad revenue $13.54B - 3Q Daily Active Users 1.49B - 3Q EPS $1.76, Est. $1.47 - 3Q Rev. $13.73B, Est. $13.80B - 3Q Monthly Active Users 2.27B - North America DAU was relativly flat - European DAU down - operating margin is lowering, not too out of line but lowest we've seen, watch this... - Capex was up 90% compared to last Q2 to $3.4B Notes: - 2 Billion+ people used atleast one service once a day - 2.6 Billion people used facebook atleast once a month - big after hours trading in terms of volume, not much in terms of price moves, straddle sellers won this one Questions: - Will we hear from Sheryl Sandberg? Has anyone had a larger fall from grace due to recent large tech company backlash? - After hours trading suggests that Wall Street is happy with facebook at its current valuation, meaning they'll have to find some large growth to join the big boys Google, Apple, Microsoft and Apple - FB Said they would have hit their numbers except for currency issues. watch to see if they start seriously hedging expenses and earnings, swap or open market? - Have now lost the founders of Instagram, WhatsApp, and Oculus. Was bound to happen at some point but still is a lot of knowledge lost. This effect will probably play out over the next 2-8 quarters and not immediately. - What is FB doing with US mid terms coming up? Last election they really failed, and that's being polite. What will Mark let us know about their plans for the US elections?
- fossuser 8y ago
  At Oculus they still have John Carmack - I think that matters a lot more than the kickstarter founder they had that left.
  - armitron 8y ago
    Don't forget Michael Abrash too, who, isn't going anywhere else anytime soon. If Abrash and Carmack can't deliver on VR, I don't think anyone else will, at least in this generation.
- vkou 8y ago
  > Will we hear from Sheryl Sandberg? Has anyone had a larger fall from grace due to recent large tech company backlash? What happened to Sheryl?
- fullshark 8y ago
  MAU and DAU numbers are here: https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3/Q3-2018-Earnings-Presentation.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3... It's down 1 million DAU in Europe (279 to 278) from last quarter give or take some decimal precision. Basically flat in both regions.
  - samfisher83 8y ago
    Wow the US is worth more to FB than the rest of the world combined.
    - buboard 8y ago
      I get the impression that the spotlight and bad press gave them a huge boost in sales despite basically flat year-over-year users. OTOH, when everyone's talking about how your ads can elect governments, it s a huge compliment.
    - ksec 8y ago
      I think generally speaking Ads spending in US is also much bigger than EU. The only place on earth which has similar in dollar value is China, but that is advertising against a 900 million users base, so not an entirely fair comparison, but relevant one.
samfisher83 8y ago
It was swinging a lot after hours. The results look pretty good. For a growing company 20 p/e is pretty good.
jayess 8y ago
More detail here: https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3/Q3-2018-Earnings-Presentation.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3... edit: Massive increase in headcount too: Headcount – Headcount was 33,606 as of September 30, 2018, an increase of 45% year-over-year.
annadane 8y ago
My question is at what point does Facebook realize that publically displaying people's likes and tagged ins and such is a terrible idea and just stop doing it? And providing real privacy options?
- beatgammit 8y ago
  When it stops making them a ton of money. So, probably never.

64 points by samfisher83 8y ago

eiaoa 8y ago

What are it's DAU/MAU numbers for the US and Western Europe?

fullshark 8y ago
https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3/Q3-2018-Earnings-Presentation.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3... Flat from last quarter
deleted 8y ago
[deleted]

chollida1 8y ago

Pre: - options pricing in move of almost 10% - going in the stock is down about SalesForce's entire market cap Numbers: - 3Q Ad revenue $13.54B - 3Q Daily Active Users 1.49B - 3Q EPS $1.76, Est. $1.47 - 3Q Rev. $13.73B, Est. $13.80B - 3Q Monthly Active Users 2.27B - North America DAU was relativly flat - European DAU down - operating margin is lowering, not too out of line but lowest we've seen, watch this... - Capex was up 90% compared to last Q2 to $3.4B Notes: - 2 Billion+ people used atleast one service once a day - 2.6 Billion people used facebook atleast once a month - big after hours trading in terms of volume, not much in terms of price moves, straddle sellers won this one Questions: - Will we hear from Sheryl Sandberg? Has anyone had a larger fall from grace due to recent large tech company backlash? - After hours trading suggests that Wall Street is happy with facebook at its current valuation, meaning they'll have to find some large growth to join the big boys Google, Apple, Microsoft and Apple - FB Said they would have hit their numbers except for currency issues. watch to see if they start seriously hedging expenses and earnings, swap or open market? - Have now lost the founders of Instagram, WhatsApp, and Oculus. Was bound to happen at some point but still is a lot of knowledge lost. This effect will probably play out over the next 2-8 quarters and not immediately. - What is FB doing with US mid terms coming up? Last election they really failed, and that's being polite. What will Mark let us know about their plans for the US elections?

fossuser 8y ago
At Oculus they still have John Carmack - I think that matters a lot more than the kickstarter founder they had that left.
- armitron 8y ago
  Don't forget Michael Abrash too, who, isn't going anywhere else anytime soon. If Abrash and Carmack can't deliver on VR, I don't think anyone else will, at least in this generation.
vkou 8y ago
> Will we hear from Sheryl Sandberg? Has anyone had a larger fall from grace due to recent large tech company backlash? What happened to Sheryl?
fullshark 8y ago
MAU and DAU numbers are here: https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3/Q3-2018-Earnings-Presentation.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3... It's down 1 million DAU in Europe (279 to 278) from last quarter give or take some decimal precision. Basically flat in both regions.
- samfisher83 8y ago
  Wow the US is worth more to FB than the rest of the world combined.
  - buboard 8y ago
    I get the impression that the spotlight and bad press gave them a huge boost in sales despite basically flat year-over-year users. OTOH, when everyone's talking about how your ads can elect governments, it s a huge compliment.
  - ksec 8y ago
    I think generally speaking Ads spending in US is also much bigger than EU. The only place on earth which has similar in dollar value is China, but that is advertising against a 900 million users base, so not an entirely fair comparison, but relevant one.

samfisher83 8y ago

It was swinging a lot after hours. The results look pretty good. For a growing company 20 p/e is pretty good.

jayess 8y ago

More detail here: https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3/Q3-2018-Earnings-Presentation.pdf https://s21.q4cdn.com/399680738/files/doc_financials/2018/Q3... edit: Massive increase in headcount too: Headcount – Headcount was 33,606 as of September 30, 2018, an increase of 45% year-over-year.

annadane 8y ago

My question is at what point does Facebook realize that publically displaying people's likes and tagged ins and such is a terrible idea and just stop doing it? And providing real privacy options?

beatgammit 8y ago
When it stops making them a ton of money. So, probably never.