Facebook 2019 Q1 Earnings: The Social Media Giant Boasts 2.7 Billion Monthly Active Users On Its All Services

Ali Siddiqui | April 25, 2019

Facebook 2019 Q1 Earnings: The Social Media Giant Boasts 2.7 Billion Monthly Active Users On Its All Services
On Wednesday, Facebook reported its Q1 earnings for 2019. The results were quite impressive with the Social Media Giant garnering around 2.375 billion monthly users, a 2.5 percent increase from the last quarter. In addition to that, it now boasts 1.56 billion daily active users, which is an increase of 2.63 percent from the last quarter. The generated revenue was a whopping $15.08 billion, exceeding all estimations. However, the actual earnings per share ($0.85) fell short of the estimated amount ($1.63).

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