2018-07-25

Facebook $FB Q2 2018 Earnings LIVE Webcast July 25, 5pm EDT

UPDATE: The Great Facebook GDPR Debacle
$FB mid-day July 26, 2018
I [Mark Zuckerberg] also want to talk about privacy. GDPR was an important moment for our industry. We did see a decline in monthly actives in Europe, down by about 1 million people as a result ... MAU and DAU in Europe were both down slightly quarter-over-quarter due to the GDPR roll out ... [Analyst question] "do you have a read into whether things have based out and started to improve again post GDPR implementation?"  Answer: David M. Wehner, Facebook CFO: On Europe, yeah, we don't have any update on trends. We had indicated in the first quarter that we would expect to see a decline. We're not providing any guidance on MAU and DAU in Europe on this call ... When you look at the deceleration, the one that I called out was really Europe where you saw the currency impact as well ... GDPR causing sort of faster deceleration than in the other regions ... Facebook DAU [Daily Active Users]. U.S. and Canada, sort of consistent with past quarters, has been flat at about 185 million ... Europe, we saw the declines that we anticipated from GDPR. And I would say there, really, those impacts were purely due to the GDPR impact, not other engagement trends--Facebook (FB) Q2 2018 Results - Earnings Call Transcript | SeekingAlpha.com (emphasis and link added).
Facebook, Inc.
Principal domain: facebook.com
Investor relations: investor.fb.com
$FB Jul 25, 2017 - Jul 23, 2018
Facebook Q2 2018 Earnings July 25, 2018 5:00 PM EDT: Listen to Webcast

Update: $FB shares are DOWN in afterhours trading as Facebook's Q2 2018 revenue missed analysts consensus estimate--see also SeekingAlpha.com.
$FB July 25, 2018
Earnings Release (pdf) excerpt below, and Slides (pdf).

source: Statista.com
source: Statista.com
source: Statista.com
source: Statista.com
source: Statista.com
source: Statista.com

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