Facebook Q1 2017 Revenue up 49pct to $8.03 Billion

Edges towards 2 billion monthly active users

[engine]

Facebook has reported revenues up 49% to $8.03 billion in its first quarter. Net income was $3.06 billion.

[investor.fb.com...]

Clearly, a seemingly good quarter for Facebook, however, it's warning of a slowdown in ad revenue for the future, in part because there are limited places to show ads.

Some of the other stats reported worth mentioning are:

Daily active users (DAUs) – DAUs were 1.28 billion on average for March 2017, an increase of 18% year-over-year.

Monthly active users (MAUs) – MAUs were 1.94 billion as of March 31, 2017, an increase of 17% year-over-year.

Mobile advertising revenue – Mobile advertising revenue represented approximately 85% of advertising revenue for the first quarter of 2017, up from approximately 82% of advertising revenue in the first quarter of 2016.

Capital expenditures – Capital expenditures for the first quarter of 2017 were $1.27 billion.

Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $32.31 billion at the end of the first quarter of 2017.

Headcount – Headcount was 18,770 as of March 31, 2017, an increase of 38% year-over-year

It slowly edges toward 2 billion Facebook users.

[Lugh]

"It slowly edges toward 2 billion Facebook users"

Any reliable info about what percentage of these are genuine human users? With recent reports of ~40% fake Twitter users, my expectation is that FB is an even juicier target, so…?