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H.S. junior Good
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New words:
Aaron, absence, Adolescent, ago, al, Anderson, aviation, British, Chabon, Chrome, Clara, contemplate, CUBI, denial, DOJ, DTPA, DZ, eleven, Empl, extrapolated, factual, Flo, Florida, Frasco, GoodRx, Hey, housing, Huckabee, Indian, jury, Kadrey, Klein, Korean, Missouri, Moody, multilateral, multinational, Murthy, Netchoice, Nevada, OECD, Ohio, onset, opposition, option, Oregon, Parental, Paxton, pendency, Pension, phasing, Pixel, proliferate, Province, Pub, purported, question, recast, reclassified, recreational, regime, Ret, Rickwalder, role, safe, Sandberg, Santa, sexual, Sheryl, societal, span, spring, statute, subscription, summer, Surgeon, Sys, tech, tribal, twenty, undiscounted, universal, unknown, USA, Vivek, weighted, youth
Removed:
ARPU, assume, assured, bug, capitalized, Clayton, Codification, commencement, computation, compute, consideration, CPRA, created, creation, DAU, deductible, dilutive, Disposal, divide, eligible, equally, Exit, expensed, expiring, fake, forma, forward, Guam, immaterial, Indonesia, leasehold, MAP, MAU, moving, negotiation, Nigeria, optimize, original, originate, outage, Page, permission, pet, prejudice, Pro, projected, proportionate, rank, redeem, redemption, renew, represented, residual, slower, stayed, strictest, territory, top, Topic, traded, unamortized, unconnected, undistributed, unforeseen, Vietnam
Financial report summary
?Competition
TEGNA • GP Strategies • Digital Turbine • Apple • Electronic Arts • Microsoft • Harmonic • Arena Group Holdings Inc • Steven Madden • BroadvisionManagement Discussion
- (1) Percentages have been rounded for presentation purposes and may differ from unrounded results.
- FoA revenue in the three months ended March 31, 2024 increased $7.71 billion, or 27%, compared to the same period in 2023. The increase was almost entirely driven by advertising revenue.
- Advertising revenue in the three months ended March 31, 2024 increased $7.53 billion, or 27%, compared to the same period in 2023 due to increases in ad impressions delivered and average price per ad. During the three months ended March 31, 2024, ad impressions delivered increased by 20% as compared with an increase of 26% in the same period in 2023 as ad impressions grew in all regions, especially in Asia-Pacific and Rest of World. The increase in ad impressions delivered was primarily driven by an increase in users and their engagement on our products. During the three months ended March 31, 2024, the average price per ad increased by 6%, as compared with a decrease of 17% in the same period in 2023. The increase in average price per ad was driven by an increase in advertising demand which we believe is primarily due to ongoing improvements to our ad performance from our ad targeting and measurement tools. This increase was partially offset by a higher number of ad impressions delivered, especially in geographies and in products, such as Reels, that monetize at lower rates. Other factors are discussed in the section entitled "—Executive Overview of First Quarter Results." In addition, year-over-year advertising revenue growth in the three months ended March 31, 2024 was mainly driven by marketer spending in online commerce, gaming, as well as entertainment and media. We anticipate that future advertising revenue will be driven by a combination of price and ad impressions delivered.