Facebook 1Q Sales, Profit Beat Analysts' Estimates

The video discusses Facebook's financial performance, highlighting its adjusted earnings per share of $0.77, surpassing the consensus estimate of $0.63. Revenue for the first quarter was $5.3 billion, exceeding expectations. User growth metrics showed 1.65 billion monthly active users and 1.09 billion daily active users, both above estimates. Facebook plans to issue nonvoting Class C shares as a stock dividend, similar to Google's past strategy. The market reacted positively, with Facebook's stock rising nearly 8% aftermarket. In contrast to competitors like Apple, Google, and Yahoo, Facebook's advertising revenue, particularly from mobile, showed strong growth, accounting for 82% of total advertising revenue.

What was Facebook's adjusted earnings per share for the first quarter?

How many monthly active users did Facebook report for the first quarter?

What new class of stock is Facebook planning to issue?

What was the market reaction to Facebook's earnings report?

What percentage of total advertising revenue came from mobile for the first quarter?