4.3 • 1.2K Ratings
🗓️ 29 January 2020
⏱️ 44 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
| 0:00.0 | Live for the NASDAQ market site overlooking New York Times Square. This is fast money. |
| 0:04.8 | I'm Scott Wobner in tonight for Melissa Lee. Your traders on the desk are Tim Seymour, |
| 0:09.1 | Brian Kelly, Dan Nathan, and Guy Adami. Tonight on Fast, it is all about earnings. |
| 0:14.9 | Two tech names on our radar this hour. |
| 0:17.0 | Facebook and Microsoft are both on the move |
| 0:19.1 | after reporting their results. |
| 0:20.9 | In fact, we have full team coverage tonight standing by to break down those names. |
| 0:25.0 | Josh Lipton in San Francisco watching Microsoft, we kick things off though with Julia |
| 0:30.1 | Borston and a big move lower for Facebook Julia. |
| 0:35.0 | Well, Scott, Facebook retreating from its record high shares down over 6%. |
| 0:40.0 | So why is the stock declining? It's due to dramatically decelerating growth. |
| 0:45.0 | This is the fourth straight quarter the company's revenue growth was less than 30% |
| 0:50.0 | and its earnings per share growth of 8%, though better than expected, is down from the 65% growth |
| 0:56.2 | Facebook reported in that metric in the year ago quarter. |
| 1:00.1 | Now the results showing pressure on the company's operating margins, 42% operating margins in the quarter. |
| 1:06.0 | That is down from 46% a year ago and down from 57% in the fourth quarter of 2017. |
| 1:13.0 | Now total user numbers came in a hair ahead of expectations, |
| 1:17.0 | 2.5 billion monthly active users, |
| 1:20.0 | but user growth in the US and Canada slowed. |
| 1:22.0 | The company adding just 1 million new monthly active users user growth in the US and Canada slowed. |
| 1:22.6 | Company adding just 1 million new monthly active users |
| 1:25.1 | in the quarter, and that's the region with the highest |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.