LONDON, February 23, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Investor-Edge.com has issued free post-earnings coverage on Facebook Inc. (NASDAQ: FB). On January 28, 2015, the company reported its financial results for Q4 FY14 and full year FY14 (period ended December 31, 2014). Click on http://get.Investor-Edge.com/pdf/?c=Facebook&d=23-Feb-2015&s=FB to read our free earnings review on Facebook Inc. (Facebook). The company's revenues surged 49% Y-o-Y in Q4 FY14 and 58% Y-o-Y in full-year FY14. Founder and CEO of Facebook, Mark Zuckerberg, stated that the company got a lot done in 2014. He also said that the Facebook's community continues to grow and the company is making progress towards connecting the world. Our free coverage report can be accessed at:
http://get.Investor-Edge.com/pdf/?c=Facebook&d=23-Feb-2015&s=FB
Earnings Overview
During Q4 FY14, Facebook's revenues increased to $3.85 billion from $2.59 billion in Q4 FY13. The company's Q4 FY14 revenues outperformed Bloomberg analysts' forecast of $3.77 billion. In Q4 FY14, Facebook's advertising revenues surged 53% Y-o-Y to $3.59 billion. For Q4 FY14, mobile advertising revenue contributed approximately 69% of advertising revenue, compared to approximately 53% contribution in Q4 FY13. Moreover, the company's Q4 FY14 payments and other fees revenue improved 7% Y-o-Y to $257 million. Free research on FB can be downloaded in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Facebook&d=23-Feb-2015&s=FB
In Q4 FY14, Facebook's GAAP operating margin and non-GAAP operating margin were 29% and 58%, respectively. The company's GAAP net income for Q4 FY14 came in at $701 million, or $0.25 per diluted share, compared to $523 million, or $0.20 per diluted share, in Q4 FY13. Analysts from Bloomberg had expected the company to report GAAP net income of $665 million, or $0.25 per diluted share, in Q4 FY14. Moreover, the company's Q4 FY14 non-GAAP net income surged 86% to $1.52 billion from $814 million for in Q4 FY13.
Facebook's revenues for FY14 were $12.47 billion, compared to $7.87 billion in FY13. During FY14, the company's net revenues outperformed Bloomberg analysts' expectation of $12.39 billion. For December 2014, Facebook's average Daily active users (DAUs) increased 18% Y-o-Y to 890 million, while its average Mobile DAUs grew 34% Y-o-Y to 745 million. As of December 31, 2014, the company's Monthly active users (MAUs) increased 13% Y-o-Y to 1.39 billion, while its mobile MAUs improved 26% Y-o-Y to 1.19 billion. Sign up and read the free analyst's notes on FB at:
http://get.Investor-Edge.com/pdf/?c=Facebook&d=23-Feb-2015&s=FB
For FY14, Facebook's GAAP operating margin and non-GAAP operating margin stood at 40% and 58%, respectively. The company's GAAP net income for FY14 stood at $2.94 billion, or $1.10 per diluted share, compared to $1.50 billion, or $0.60 per diluted share, in FY13. Analysts from Bloomberg had expected the company to report GAAP net income of $2.90 billion, or $1.09 per diluted share, in FY14. Furthermore, in FY14, Facebook generated free cash flow of $3.63 billion.
Stock Performance
On the day following the earnings release, January 29, 2015, shares of Facebook ended the session at $78.00, up 2.31%. Since then, the stock has moved both ways with gains outperforming losses. On the last close, Friday, February 20, 2015, the company's shares finished at $79.90 which is 0.60% above its previous day's closing price of $79.42. The stock vacillated between $79.20 and $80.34 during the session. A total of 36.93 million shares were traded which was above its three months average volume of 25.34 million shares. Over the last one month and previous three months, the company's shares have gained 4.11% and 8.33%, respectively. Additionally, the stock has surged 16.48% over the past one year. Shares in Facebook are trading above their 50-day and 200-day moving averages of $77.12 and $72.85, respectively. Furthermore, the stock traded at a PE ratio of 72.63 and has a Relative Strength Index (RSI) of 64.36. Visit Investor-Edge and access the latest research on FB at:
http://get.Investor-Edge.com/pdf/?c=Facebook&d=23-Feb-2015&s=FB
Sneak Peek to Corporate Insider Trading
In the last one month, there were 26 corporate insider transactions made by eight individuals. Between January 20, 2015 and February 17, 2015, a total of 1.21 million shares have been disposed at an average price of $76.99 per share and for a total value of $92.95 million. Following are a few of the aforesaid transactions: David B. Fischer, Vice President of Business and Marketing Partnerships at Facebook, sold 97,007 shares at an average price of $76.04 per share. On January 30, 2014, Marc L. Andreessen, Director at Facebook, disposed 853,994 shares at an average price of $77.38 per share. On February 17, 2015, Michael T. Schroepfer, Chief Technology Officer and Vice President of Engineering at Facebook, sold 124,986 shares at an average price of $76.12 per share. Complimentary in-depth research on FB is available at:
http://get.Investor-Edge.com/pdf/?c=Facebook&d=23-Feb-2015&s=FB
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EDITOR'S NOTES:
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