Facebook posts $7.4 billion profit, up 6.78% YoY in Q4 2019, MAUs up 8%

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Facebook has reported a good year for 2019 as it released its Q4 2019 earnings report. The total earnings posted for this quarter was $21082 million which amounts to a YoY growth of about 24.64% from Q4 2018. The net income on the other hand, was reported at $7349 million which calculates to an increase of approx. 6.78% YoY.

Coming to the user statistics, Facebook’s Daily Active Users (DAU) was at 1.66 Billion on average during December 2019 that is a approx. 8.79% increase YoY. The Monthly Average Users at the end of December was reported 2.50 Billion which is an increase of approx. 7.67% YoY. When looking at users in Facebook entire product family that includes Facebook, Instagram, Messenger, and/or WhatsApp, Daily Active People (DAP) was reported at $2.26 billion (11% increase YoY) and Monthly Active People (MAP) was reported at $2.89 billion (9% increase YoY).

The Diluted Earnings Per Share (EPS) saw an increase of approx. 7.56% from $2.38 to $2.56. However, Operating Margins saw a decrease from 46% in Q4 2018 to 42% in Q4 2019. Headcounts as of December 31st, 2019 was reported at 44,942 that represents a growth of 26% YoY.

Commenting on the Q4 earning report, Mark Zuckerberg, Facebook founder and CEO said:

We had a good quarter and a strong end to the year as our community and business continue to grow. We remain focused on building services that help people stay connected to those they care about.

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