Daily active users (DAUs) - DAUs were 1.09 billion on average for March 2016, an increase of 16% year-over-year.
Mobile DAUs - Mobile DAUs were 989 million on average for March 2016, an increase of 24% year-over-year.
Monthly active users (MAUs) - MAUs were 1.65 billion as of March 31, 2016, an increase of 15% year-over-year.
Mobile MAUs - Mobile MAUs were 1.51 billion as of March 31, 2016, an increase of 21% year-over-year.
Revenue at $5.2B compared to $3.3B for last year quarter.
Presumably the class C shares would have rights to a dividend and not to vote. This would let Zuckerburg diversify his investments without giving up more control of the company.
It's interesting that FB will be initiating dividends - I am no expert when companies usually start offering dividends but I was under the impression it's usually further in time when companies have been in business for a while. FB is still growing a lot so I am surprised - but again no expert in that.
They are structuring it as a dividend because they have to somehow compensate every stockholder for the change to their current shares.
I'm assuming that the details of the "capital" shares would include them receiving dividends, but this doesn't mean that Facebook would necessarily start paying a dividend, it's just a right that has at least some value.
Pretty incredible revenue growth on just Facebook and Instagram. Makes you wonder how big Facebook can get when they begin to really monetize Messenger, WhatsApp, and VR.
Visa is one of the few other companies I'm aware that manages to pull off numbers like that. They did $6.3b in net income for fiscal 2015, with around 11,000 employees.
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[ 2.8 ms ] story [ 27.1 ms ] threadThey only make $5 of revenue per DAU per quarter. There's tons of upside in that metric.
It's interesting that FB will be initiating dividends - I am no expert when companies usually start offering dividends but I was under the impression it's usually further in time when companies have been in business for a while. FB is still growing a lot so I am surprised - but again no expert in that.
I'm assuming that the details of the "capital" shares would include them receiving dividends, but this doesn't mean that Facebook would necessarily start paying a dividend, it's just a right that has at least some value.