Facebook (FB) Q3 2016 Outcomes

Facebook (FB) Q3 2016 Outcomes

Great mid-day and also welcome to Facebook’s 3rd quarter 2016 profits teleconference. Joining me today to review our outcomes are Mark Zuckerberg, Chief Executive Officer; Sheryl Sandberg, COO; as well as Dave Wehner, CFO. Prior to we begin, I want to take this chance to advise you that our comments today will certainly consist of positive declarations. Real outcomes might vary materially from those considered by these progressive declarations.

Aspects that might trigger these outcomes to vary materially are stated in today’s news release as well as in our quarterly record on Type 10-Q submitted with the SEC. Any type of progressive declarations that we make on this telephone call is based upon presumptions since today, as well as we embark on no responsibility to upgrade these declarations as an outcome of brand-new info or future occasions.

Mark Elliot Zuckerberg – Facebook, Inc

Facebook (FB) Q3 2016 Outcomes

Throughout this telephone call, we might offer both GAAP as well as non-GAAP economic actions. A settlement of GAAP to non-GAAP steps is consisted of in today’s revenues news release auto like status. Journalism launches, as well as a coming with capitalist discussion, are readily available on our internet site at investor.fb.com. As well as currently, I wish to transform the phone call over to Mark.

Many thanks, Deborah, many thanks, everybody, for signing up with today. We had an additional great quarter. Our neighborhood remains to expand around the globe. We delight in to see virtually 1.8 billion individuals currently make use of Facebook on a monthly basis as well as almost 1.2 billion individuals utilize it daily. It’s additionally fantastic to see the ongoing development, as well as stamina of involvement in our system, as well as our advertisements development, is expanding at a healthy and balanced price also. Complete earnings expanded by 56% year over year to $7 billion, as well as marketing earnings were up 59% to $6.8 billion.