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CONTROL 1 – Facebook's profit outweighs the consensus, the action is growing

Reuters – Facebook has seen a weaker revenue growth of more than six years on Wednesday, but its quarterly profit largely outperformed estimates and calmed investors for higher spending. ,

The largest social networking activity in the world has reached nearly 9% to $ 163.30 in off-session trading after Wall Street closures. The title ended a regular session at 4.3%.

Net income in Facebook amounted to $ 6.88 billion ($ 5.99 billion) in Q4, which is $ 2.38 per share, a year later $ 4.27 billion ($ 1.44 / share). soon. Analysts with an average expected earnings per share of $ 2.19, according to IBES-Refinitiv.

Sales per quarter rose 30 percent to $ 16.91 billion from $ 12.97 billion a year ago. Consensus gave her $ 16.39 billion.

Its growth since the second quarter of 2012 has not been so low.

"The worst is with this social networking giant," said Haris Anwar, an analyst at Investing.com. "Advertising activity and user engagement have not been affected by any failures in the past year."


In recent months, Facebook has raised promises to improve the privacy and security of users' data after a series of personal data scandals and suspicions of ideological propaganda that has damaged its image. and were the focus of many surveys around the world.

On the stock market, group shares lost their thirds since July, when they first prompted a slowdown in revenue growth and operating margin. Its price remains at the lowest level in two years.

"We have fundamentally changed the way we do business to focus on key social issues and to invest more to develop new and inspirational ways to join people," said Mark, founder and CEO. Zuckerberg.

In the fourth quarter, costs grew year on year by 62 percent to $ 9.09 billion, mainly due to increased security spending and better content.

Operating margin fell to 46% from 57% a year ago.

The number of active Facebook users has grown to 2.32 billion in the last three months of 2018, a move consistent with the IBES-Refinitiv consensus.

According to Facebook, more than 2.7 billion people use one of their applications at least once a month, compared with 2.6 billion in the previous quarter.

Munsif Vengattil in Bangalore and Katie Paul and Paresh Dave in London
San Francisco;
Marc Angrand for the French service

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