Smoke these Meats
https://medium.com/@bottomfishuk/smoke-these-meats-81bc03bcc92f
It is earnings season and many technology companies hope to fulfill the high expectations from today’s investors. Tonight, it was Zucc’s turn to publish his financial and barbecue results. It was also the first full quarter where investors could analyse the impact of the Cambridge Analytica debacle.
The conclusion — despite an earnings beat ($1.74 vs. $1.72 Est.) and a revenue miss ($13.23B vs. $13.36B) — Zucc is still able to afford a good brisket and rib for his big barbeque. The US & Canadian market seems to be saturated, and also the European market has a full stomach judging on the monthly active users. The Asian market and the rest of the world seems to enjoy the taste and continuous to show exponential growth to the social network firm — yet provide a rather limited contribution to overall profitability.