“We had a good quarter and our business and community continued to grow”, as stated by Mark Zuckerberg, Facebook founder and CEO. “We are focused on building out our privacy-focused vision for the future of social networking, and working collaboratively to address important issues around the internet.”
In addition, estimations reveal that more than 2.1 billion people now use Facebook, Instagram, WhatsApp, or Messenger (Family of services) every day on average, and around 2.7 billion people use at least one of this family of services each month.
The Key Findings of The “Facebook Q1 2019 Results” Report:
The daily active users of Facebook in the first quarter of 2019 is 1,562M.
The monthly active users of Facebook in the first quarter of 2019 is 2,375M.
The Facebook revenue in the first quarter of 2019 is $15,077M; $14,912 for advertising and $165M for payments and other fees.
The top revenue by user geography in the first quarter of 2019 located in the USA & Canada with $7,308M.
The top advertising revenue by user geography in the first quarter of 2019 is located in the USA & Canada with $7,203M.
The average revenue per user (ARPU) in the first quarter of 2019 is $6.42; $6.35 for advertising and $0.07 for payments and other fees.
Expenses percentage of revenue in the first quarter of 2019 is 78%, compared to 55% in the fourth quarter of 2018.
Facebook net income in the first quarter of 2019 is $2,429M.
A Graph Shows The Facebook Average Revenue per User (ARPU).
Launched on February 4, 2004, by Mark Zuckerberg, along with fellow Harvard College students and roommates, Facebook is an American online social media and social networking service company based in Menlo Park, California. Its mission is to give people the power to build their own community and bring the world closer together. People mainly use Facebook to stay connected with friends and family, to discover and stay up to date with what’s going on in the world, and to share and express what matters to them. Today, Facebook has more than 2.2 billion monthly active users.