The company announced Facebook for results financial for the quarter ended March 31, 2019, as the number of users of 2.38 million monthly active users MAUs, an increase of 2.5 percent from 2.32 million users in the last quarter of 2018, which increased by 8 percent on an annual basis.
It has now 1.56 million daily active users DAUs, an increase of 2.63 percent for the number of 1.52 million users in the last quarter of 2018, increase by 8 percent on an annual basis.
Achieved Facebook 15.08 billion of revenue, up by 26 percent year on year compared with the estimates of analysts amounting to 14.98 million.
Increased advertising sales by 26 percent any 14.91 million in the first quarter, representing advertising revenue on mobile devices is about 93 percent of advertising revenue for the first quarter of 2019, up from about 91 percent during the first quarter of 2018.
The company estimated that more than 2.1 million people are now using daily on average their services, Facebook, or Instagram, or WhatsApp, or Messenger, and uses about 2.7 million people at least one of its services each month.
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Jumped costs increased by 80.5 percent share 11.76 million, as the company increased spending to improve the content and security across the platform.
Mark Zuckerberg said Mark Zuckerberg, CEO and co-founder of Facebook: “we had a quarter of good, and continued our business and our growth, we are continuing to build our vision for the future of social networks, which focus on privacy, and work collaboratively to address important issues about the internet”.
The company has allocated three billion dollars to cover the fine, the Federal Trade Commission FTC potential, and has written in the statement of earnings for the fine: “in the first quarter of 2019, of reasonably possible loss, we recorded a backlog of three billion dollars in connection with the investigation conducted by the Federal Trade Commission, in the exercise of our own data product and the user”.
She added, “We appreciate that the scope of loss in this matter ranged between 3 billion and 5 billion US dollars, the matter is still unresolved, there can be no guarantee of timing or terms of any final result”.
This is the first earnings report during the quarter the full year, after the worst breach of security over on Facebook in the month of September, which affected 50 million users, which shook confidence in the privacy of the social network and security.
It is also the first quarter that sold in which Facebook its devices with its own brand, which is the device to chat via the video Portal, which was received by critics very well, except it’s made by Facebook.
The fact that the product does not lose massive numbers of users after years of scandals ongoing – testimony to the depth of penetration in people’s lives.