Facebook: Q4 EPS up 52% YoY to $3.88

Mittwoch, 27. Januar 2021 22:07

Facebook Inc. reported on Wednesday that its diluted earnings per share (EPS) for the fourth quarter of fiscal 2020 stood at $3.88, up 52% compared to the same period a year ago. Total revenue amounted to $28.1 billion in the three months ending with December 31, 2020, marking a surge of 33% from the same trimester in the previous year, while net income rocketed by 53% year-on-year to $11.22 billion in the closing quarter of 2020.

For the entire fiscal 2020, total revenue was $85.97 billion, a figure 22% higher than in 2019. Net income was 58% higher annually, standing at $29.15 billion in 2020 while diluted earnings per share were $10.09, rising 57% compared to 2019.

There were 1.84 billion daily active users on average for the month of December, 11% higher on a yearly basis, while the number of monthly active users jumped 12% annually to 2.8 billion as of December 31, 2020.

Facebook's stock was 0.36% down in after-hours trading following the release of the report.

Related Links: Facebook Inc.
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