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Facebook (FB) Fourth-Quarter FY2015 Earnings Review: Revenue Beats Expectations as Mobile Drives Ad Sales

Executive Summary

  • Facebook reported better-than-expected fourth-quarter 2015 net sales of $5.84 billion, up 51.7% year over year, versus the consensus estimate of $5.37 billion.
  • Adjusted EPS was $0.79, which beat the consensus estimate of $0.54, and was up 46% from the same quarter a year ago.
  • Mobile advertising revenue increased to $4.51 billion in the quarter, up 10.3% year over year and versus consensus of $4.09 billion.
  • Facebook saw a 21% year-over-year increase in mobile monthly active users (MAUs), which totaled 1.44 billion versus the consensus estimate of 1.43 billion.

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