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Key highlights of Facebook's analysts conference call on earnings outlook. Here is what Facebook said:
*Anticipate ad load on Facebook will continue to grow modestly over next 12 months
*Tightening our expense guidance range
*Anticipate full year 2016 capital expenditure will be about $4.5 billion as we invest to support rapid growth of our business
*Expect full year 2016 amortisation expenses to be approximately $700 million to $800 million
*Anticipate that our total non-GAAP expenses will grow in the range of 45% to 50%, narrowed from our prior range of 45% to 55%
*Do expect that ad load will be as less significant factor driving overall growth especially after mid-2017
*Anticipate lower advertising revenue growth rates in each successive quarter in 2016
*Expect that full year 2016 total GAAP expense growth will be about 30% to 35%, narrowed from our prior range of 30% to 40%
*We're doing a partnership with the NBA to stream some us men's Olympic team games in the next couple of weeks
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