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State of the Screens

Facebook Revenue Tops Estimates; Legal Costs Cut Into Earnings

By May 3, 2019No Comments

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

Michael Beach

Michael Beach

Michael Beach is the Chief Executive Officer of Cross Screen Media, a media analytics and software company that enables marketers to plan, activate, and measure CTV and linear TV at the local level. Michael is also the founder and editor of State of the Screens, a weekly newsletter focused on video advertising that is a must-read for thought leaders in the advertising industry. He has appeared in such publications as PBS Frontline, The Wall Street Journal, The New York Times, Axios, CNBC and Bloomberg, and on NPR’s Planet Money podcast.

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