The Facebook stock price (NASDAQ: FB) increased by almost 55 percent this year and erased all of its 2018 losses; despite the growth of Facebook decelerated as legal costs and higher investments pressured its earnings, but the Instagram expansion largely offset those worries.
There are now around 2.7 billion people using Facebook, WhatsApp, Instagram, or Messenger every month, and more than 2.1 billion people are using at least one app every day. Will Facebook be able to continue to monetize its userbase?
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On July 15, the price closed at $204.87, with a 52-week range between $123.02 to $218.62. The market capitalization for the stock stands at 582.059B with an average traded volume at 17,187,543 shares
The Q1 2019 total revenue for Facebook was $15.1 billion, up 26 percent or 30 percent on a constant currency basis, as the company faces an increasing FX risk. Q1 total advertising revenue was $14.9 billion, an increase of 26%. In terms of Local-regional advertising revenue growth, the USA and Canada were strongest at 30%, followed by the Asia-Pacific at 28% while the Rest of the World came at 23%. Europe grew at a slower pace, about 21% and was impacted in part by forex headwinds, and also from the EU GDPR rule.