[ad_1]
Shares of the technology giant Facebook dropped 18.40% on the composite market index Nasdaq on Thursday in reaction to its latest quarterly earnings , where The business figure and the number of users disappointed the markets
A few hours after the opening of Wall Street, shares of the California company traded at $ 177.70 , a sharp decline with the $ 217.50 which were worth this Wednesday at the end of the session
The day of this Thursday threatens to become the worst for Facebook since it became public, more than six years ago, and erases more than $ 110,000 million of its capitalization, which amounts to about 630,000 millions of dollars.
Hundreds of cardboard cutouts with the face of Mark Zuckerberg outside the United States Capitol . UU AFP
The markets sanction bitter-sweet financial results, although in the semester Facebook appeared strong, in the second quarter it revealed a certain weakness in its figures of the daily active income and the users.
The platform, harbaded since March for being questioned about its management of privacy, following the scandal Cambridge Analytica realizes a turnover quarterly of 13.231 million, against 13.360 million forecast badysts.
Wall Street was also disappointed that average daily active users in June reached 1.470 million people (11% more), since was expecting 1.490 million.
Inside this figure, daily users in Europe increased from 282 million in March to 279 million in June potentially due to the entry into force in May of the new General Data Protection Regulation (RGPD), which gives greater control over personal information on the Internet.
The stock trend in the
And compared to the new daily users, Facebook added 22 million last quarter, the lowest figure since we have data in 2011.
In an open teleconference, Facebook's chief financial officer, David Wehner, pointed out that the company predicts that in the second half of the year the revenue figures "continue to decelerate . "
For your part, the founder and CEO Mark Zuckerberg, recalled that the heavy investment in security, following the leak of personal information and spreading false news, "will have a significant impact on profitability" and "we are starting to see it this quarter"
The collapse of Facebook who published his financial accounts on Wednesday at the close, contacted other key companies in the sector, from Twitter social networks (-3.03%) and Snapchat (-1.79%) ) the Amazon e-commerce giant (-1.87%).
Somewhat understood in the stock market questions would ask how a company that is developing loses so much money
Facebook's founder, Mark Zuckerberg, worries a lot about his black Thursday. EFE
The biannual data showed positive signs on the strength of Facebook since, to the remarkable growth of the net profit of the last six months, it must be added that the income until June increased by 45.2
Similarly, the operating profit of the company based at Menlo Park (California, USA) in the first six months of 2018 it stood at $ 11.313 million, higher than the $ 7.729 million recorded in the same period of the previous year.
Faced with this biannual perspective, the cross of Facebook came up with the quarterly results from April to June, highly observed by experts and badysts as they could leave clues as to how the company drew the Cambridge Analytica scandal.
Since the March 18 filtration of personal data of millions of its users to consultant Cambridge Analytica, Facebook has been seriously questioned how to protect the privacy of their profiles.
Mark Zuckerberg, on his arrival at the Elysee to meet the French President, Emmanuel Macron, as part of the "Tech for Good" summit in Paris (France) today, May 23, 2018 EFE
The founder of the social network, Mark Zuckerberg, appeared before the Congress and the European Parliament to explain and stop the wave of criticism of Faceboo k around the world, who not only stressed their failures when it comes to protecting privacy, but also their key role in disseminating information. large scale hoaxes or false news.
In the second quarter, Facebook earned $ 5,106 million, more than $ 3,894 million for the same period of 2017, but its quarterly revenues were lower than the Wall Street consensus . [19659030] Black Wednesday for Facebook: it has grown less than expected and its stock has dropped "src =" https://images.clarin.com/collections/static/lazy_square.svg "data-big =" https: // images.clarin .com / 2018/07/24 / S1dtl58EQ_290x290__1.jpg "data-small =" https://images.clarin.com/2018/07/24/S1dtl58EQ_110x110__1.jpg” observer=”” data-observer-function=”loadLazyImg”/>
