Facebook Revenue Tops Estimates; Legal Costs Cut Into Earnings

Sound familiar: Facebook posted another monster quarter from a revenue standpoint.

Facebook advertising revenue by quarter (YoY growth):
1) 2017-Q1 — $7.9B
2) 2018-Q1 — $11.8B (↑ 49%)
3) 2019-Q1 — $14.9B (↑ 26%)

Facebook revenue per user in the U.S. & Canada (YoY growth):
1) 2018-Q1 — $23.59
2) 2019-Q1 — $30.12 (↑ 28%)

Facebook daily active users in the U.S. & Canada (YoY growth):
1) 2017-Q1–182M
2) 2018-Q1–185M (↑ 2%)
3) 2019-Q1–186M (↑ 1%)

Video: Facebook’s Importance to Advertisers Helped Boost Results, GroupM’s Wieser Says

More: Facebook beats revenue estimates despite data scandals

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