FB - Facebook daily usage falls again at home - but global growth boosts numbers

Facebook (FB) has pulled back to positive ground after hours, now up 0.8% and gaining, following declines in the initial aftermath of its Q4 earnings - where it beat revenue consensus (as it has for several quarters now) and announced a further $25B in buybacks. Digging further into operating metrics shows some reason for sellers' concerns: While daily and monthly active user growth topped analyst expectations (at 1.84B and 2.8B respectively), daily users in the U.S./Canada disappointed for the second quarter in a row, landing at 195M vs. an expected 195.3M. Engagement in North America also slipped to 75.6% from Q3's 76.9% (and vs. expectations for 76.8%). That was made up mainly in Asia-Pacific, where regional revenues came up less than expected but teh region saw 744M daily active users vs. an expected 731.1M, and 1.199B monthly users beating an expected 1.176B. That's an indicator that international growth is mitigating a slowdown

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Facebook daily usage falls again at home - but global growth boosts numbers