Facebook (NASDAQ:FB) is scheduled to report its fourth quarter results on Wednesday, February 1st. Analysts had been expecting earnings of $1.30 per share on $8.51 billion in revenue.
Q4 revenues were $8.8bn, up from $5.8bn a year ago.
Facebook said daily active users climbed 18%, to 1.23 billion, in December 2016, versus the year-ago period. Total monthly active users grew 17% year-over-year to 1.86 billion, from the same period a year earlier.
As mobile eats the world, Facebook is making a meal out of mobile advertising.
Facebook announced its earnings for the fourth quarter and full year 2016 today.
'Our business did well in 2016, but we have a lot of work ahead to help bring people together, ' Facebook co-founder and chief executive Mark Zuckerberg said in a statement released along with the earnings figures. Most recently, it is looking at creating a video app for television set-top boxes such as Apple TV, according to The Wall Street Journal.
Usage was up on Facebook during the fourth quarter of 2016.
Facebook's VP of messaging products, David Marcus, highlighted at the TechCrunch Disrupt event in September past year that "native" payments could help monetize Messenger going forward.
But some investors are wondering how long Facebook can keep up its pace of growth.
Shares of Facebook closed Wednesday up 2.2% at $133.23, with a consensus analyst price target of $ and a 52-week trading range of $ to $. Daily active users (DAU) reached 1.23 billion, an increase of 18 percent over the same time previous year. The stock further, gained $2.70 or 2.03% in the after-hours trading.
Facebook has been adding features to attract more users and retain those already on the network, with a feature to tackle fake news posts being the most recent addition, after the criticism that followed the US election on November 8.
Last year, Bush took part in the coin toss before a game between the Houston Texans and the Detroit Lions, in Houston . This will be the second time the former president has performed the Super Bowl coin toss.
IIHS plans to test another green vehicle , the all-electric Chevrolet Bolt, once it becomes widely available later this year. The BMW i3, a small electric city vehicle , was rated "acceptable" and "not good " on head restraints and seat safety.
Republican Senator Lindsey Graham warned that USA consumers may wind up bearing the cost of the proposed tax. Trump also tweeted that the U.S. has a United States dollars 60 billion trade deficit with Mexico.
However, after the researchers performed a study on the rocks of the island they found zircons that were 3 billion years old. Researchers have discovered evidence for this continent hiding underneath through crystals carried in volcanic lava.
For Mustafa and his family, who are Syrian refugees in Jordan, a better life in the United States seemed within reach. An indefinite ban was also placed on the federal Syrian refugee program, according to a report by The Daily Beast .
The share price of Baker Hughes Incorporated (NYSE:BHI) was down -0.79% during the last trading session, with a day high of 63.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .
The ban would apply to the burqa and niqabs, which cover all or most of the face and are often worn by conservative Muslim women. The announcement was met with a backlash from Islamic groups and Austrian Muslims, who slammed the plan as discriminatory.
We could, however, be left with no more than a tussle for Champions League qualification after the next two rounds of fixtures. Goals from Richard Stearman and Andreas Weimann gave them their biggest FA Cup win since beating Newcastle United in 2003.
West Ham United playmaker Dimitri Payet is refusing to play for the club once again - this time for their Under-23 squad. West Ham have won their last two Premier League fixtures, which have both come without the services of Payet.
They have a chance to get back on track this Wednesday, but face a tricky match against West Ham United. He drove forward, passed out to Gabriel, took the first-time and tucked it into the bottom corner.
The United States President, Donald Trump executed an order banning the entry of immigrants from seven Muslim-majority countries. Immigration advocacy lawyers said that viewpoint minimizes the fear and uncertainty travelers underwent.
Duke was expected to cruise through the 2016-17 season with a loaded roster and be one of the favorites to win the national title. The loss to NC State, in which Duke blew a late lead, happened to be their first loss at home to the Wolfpack since 1995.
Trump must level with public about ISIS fight
In the formal executive memorandum, Trump declared that "It is the policy of the United States that ISIS be defeated". In a move that is considered a reciprocal one, Iraq has placed a ban on U.S. citizens entering the country.
Microsoft Joins Suit Against Immigration Ban
Amazon and Expedia have submitted declarations in a federal court in Washington, claiming that a recent immigration order by U.S. In addition, Expedia said that several of its employees based in the USA and overseas will be prevented from traveling.
Ashton Kutcher's SAG Award Opening Remarks About 'Muslim Ban'
Washington has sat by and watched Casey Affleck ("Manchester by the Sea") earn Best Actor trophies throughout this awards season. Meanwhile, Lily Tomlin was presented with a lifetime achievement award by her 9 to 5 co-star Dolly Parton at Sunday's ceremony.
Gas Prices Continue to Decline Throughout US
Dansville, which has had the lowest average price in the county for weeks, was down a penny from a week ago. That compares with the national average which has fallen 3.3 cents per gallon in the last week to $2.26.
Trump and May renew 'most special' US-Britain bond
On Thursday, she urged the U.S. not to be fooled by Vladimir Putin amid reports that Mr Trump was considering lifting sanctions. May also says she extended an invitation to visit England on behalf of the queen and that Trump has accepted.