Table 1: Key 1Q metrics
for Large Cap Internet (>$5bn Market Cap)
Company Ticker
Source: BofA Merrill Lynch Global
Table 2: Key 1Q metrics
Key 1Q Metric Website revenue (ex-FX) growth vs 22.3% in 4Q AWS revenue growth vs. 47% in 4Q US GMV growth trends Room night growth vs. 15% in 4Q
Ad revenue growth (ex-FX) vs. 54% reported in 4Q
1Q Intl sub guidance 1Q room night growth vs. 31% in $Q Global DAU's vs. 158mn in 4Q Update on ad spend targets, 2017 guidance MAUs and y/y trend vs 319mn (+4% y/y) in 4Q (Any update on acquisition timing and ongoing breach investigations
Mortgage Revenue
Research estimates
for Small Cap Internet (<$5bn Market Cap)
BofAML Estimate 21.6% 43% yly 3.5% yly 16% 52% 3.9mn 26% yly 166mn 18% S&M yiy growth 322mn MAUs (+4% y/y) NIA $18.1mn
Company Ticker
Source: BofA Merrill Lynch Global
Key 1Q Metric 1Q revenue 1Q transactions US paying families 1Q unit sales and gross margin 1Q unit sales and gross margin Gross food sales growth
Paid Member Growth
1Q origination growth and marketplace take rate
Ad revenue per listening hour growth Variable marketing margin growth Qualified referral growth 2Q revenue growth guidance Premium subscribers growth 1Q Local advertising account adds
Online Games DAUs
Research estimates
BofAML Estimate $117mn 734mn 266,607 (4% y/y) 3mn/39% 800K/35% 26% 17% 12% 13% 10% 29% yly 56% yly 25% yly 36% 4k (17% yy)
17.9
2 Internet/e-Commerce | 06 April 2017
BankofAmerica <2” Merrill Lynch
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