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Facebook beats in Q1 with $8.03B revenue

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New Delhi, 4 May 2017 : Facebook had another strong quarter, beating estimates to start 2017. It scored $8.03 billion in revenue and $1.04 GAAP actual EPS in Q1 compared to $0.87 EPS estimate. It earned that from 1.94 billion users, up from 1.86 billion last quarter, growing at a faster 4.3 percent compared to 3.91 perecent last quarter.

All eyes are on what Facebook has cautioned to be a “meaningful” slowdown in revenue growth this year as it reaches the limit of the amount of ads it can show in the News Feed. Luckily, the company is starting to ramp up with Instagram and video ads, which Wall Street sees as two key growth drivers moving forward.

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Here are the expected numbers for Facebook’s Q1 earnings:

EPS (adjusted): $1.12, up 45% from the year-ago period.
Revenue: $7.83 billion, up 42% from the year-ago period.

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Delhi court convicts 19 persons in Bihar’s Muzaffarpur shelter home case

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New Delhi, 20 Jan : The Saket court in Delhi on Monday convicted 19 accused, including high-profile Brajesh Thakur, in connection with the alleged sexual and physical assaults on girl inmates at a shelter home in Bihar’s Muzaffarpur district.

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Violence in JNU, masked goons attack students, teachers

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New Delhi, 5 Jan : Violence swept the Jawaharlal Nehru University on Sunday as several masked individuals, both male and female, thrashed students, including girls, and teachers inside the varsity campus with wooden and metal rods.

Shah takes stock of situation, orders probe

Union Home Minister Amit Shah on Sunday ordered the Delhi Police to take all necessary action to control the situation in the Jawaharlal Nehru University where widespread violence in the evening left many students, including girls, and teachers injured.

Priyanka Gandhi reaches AIIMS to meet injured JNU students

Congress General Secretary Priyanka Gandhi Vadra on Sunday reached All India Institute of Medical Sciences (AIIMS) to meet the students who were injured during the clash between the two groups inside the Jawaharlal Nehru University (JNU).

Fascists in control of our nation: Rahul

Congress leader Rahul Gandhi attacked the Central government over the violence that erupted in the Jawaharlal Nehru University (JNU) campus on Sunday.

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Sidhu allowed to accompany Sikh ‘jatha’ to Pak

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New Delhi, 8 Nov : Congress leader Navjot Singh Sidhu has been allowed by the government to accompany the Sikh ‘jatha’ that will travel to Darbar Sahib Gurudwara in Pakistan via the Kartarpur Corridor on November 9, sources said here on Thursday.

The Ministry of External Affairs has, however, denied Sidhu, a former state minister in Punjab, the permission to travel to Pakistan via Wagah. Pakistan had extended Sidhu the first invitation for the event and had even offered him a visa.

The ‘jatha’ will travel to Darbar Sahib Gurudwara, a holy shrine of the Sikh religious community in Pakistan, using the corridor which will be thrown open for the first time on November 9.

Sidhu had written to the External Affairs Minister S. Jaishankar seeking permission to travel to the holy shrine via Attari-Wagah, which would require Pakistan visa. He wrote that if he didn’t “get response to his third letter seeking permission to visit Pakistan, then he will proceed as a devotee on an eligible visa”.

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