收入和成長脫軌
On Thursday, Facebook’s shares plummeted by nearly 20% after its second-quarter earnings report missed expectations on revenue.
上週四，臉書因財報顯示第二季營收成長不如預期，股價大跌近20％。
plummet(v.)暴跌;急遽下降earnings report 財報;財務報表miss(v.)未能達成=fail to meet= fall short of~expectation(n.)預期;期望;預期表現
The tech company’s stock fell as much as 19% on Thursday to $176.26. The plunge cut more than $120 billion from Facebook’s market capitalization.
週四臉書股價下跌19％，來到176.26美元，市值蒸發超過1200億美元，
plunge(n.)(v.)(價值或程度)暴跌;驟降capitalization(n.)(公司在股票市場上的)資本總額，股本
Last Thursday saw the sharpest single-session decline since the social media giant went public in 2012.
上週四臉書經歷自2012年上市以來最大的單日跌幅。
sharp(adj.)突然的;急劇的;猛烈的session(n.)交易日=trading sessiongo public上市
The sell-off was likely driven mainly by Facebook’s worse-than-expected revenue and by executives’ outlook for its operating margin to narrow in 2019.
投資人拋售股票的可能主因是臉書營收不如預期，以及高階主管預測2019年公司的營業利潤率將下滑。
sell-off(n.)(股票)拋售;低價出售be driven by~受到…的驅動;由…所造成=be prompted by~=be caused by~outlook(n.)前景;展望;觀點;看法operating margin營業利潤率
Facebook reported revenue of $13.2 billion, up 42% year over year. Analysts were expecting it to be closer to $13.4 billion.
臉書財報指出，上季營收為132億美元，比去年同期成長了42％，分析師原預期接近134億美元。
year over year相較於去年同期= year on year
This year-over-year growth rate was 7 percentage points lower than the growth Facebook achieved in Q1.
而上季年成長率比Q1低了7個百分點。
percentage points 百分點
User growth was slow in the US and Canada and decreased in Europe after the EU’s General Data Protection Regulation went into effect in May.
美國和加拿大用戶成長緩慢，「歐盟通用資料保護規則」於5月生效後，歐洲用戶成長速度也放慢了。
user growth用戶成長decrease(v.)降低;減少General Data Protection Regulation歐盟通用資料保護規則go into effect實施;生效=come into effect=take effect=be carried out=be implemented
But the stock didn’t fall off a cliff until Chief Financial Officer David Wehner revealed that he expects its revenue growth will continue to slow down.
但直到首席財務長大衛·韋納透露他預期臉書營收成長將繼續放緩，股價才開始急遽下跌。
not…until…直到…才…fall off a cliff 大幅下跌;急遽下滑;一落千丈slow down減緩;放慢
“Our total revenue growth rates will continue to decelerate in the second half of 2018, and we expect our revenue growth rates to decline by high single-digit percentages from prior quarters sequentially in both Q3 and Q4,” said Wehner during the company’s second-quarter earnings call.
韋納在第二季財報會議上表示，臉書的總營收成長率將在2018年下半年繼續減速，預期Q3和Q4的營收成長率都會比前幾個季來得低，但下滑幅度不會超過10個百分點。
decelerate(v.)減速;減緩;放慢=slow downaccelerate(v.)加速;加快=speed upsingle-digit個位數的double-digit economic growth rate 雙位數的經濟成長率digital camera數位相機prior(adj.)之前的=previoussequentially(adv.)按特定順序地、連續地
GBH Insights head of technology research Daniel Ives expects investors to continue punishing Facebook’s stock in the near term, even though he says the second quarter was far from disastrous.
GBH Insights科技研究主管艾夫斯預測，投資者將在短期內繼續釋出臉書股票，儘管他說臉書Q2的表現還不算太糟糕。
in the near term短期之內=in the near future=in the foreseeable futureeven though~儘管;雖然far from一點也不=not…at all=not in the leastdisastrous(adj.)極其糟糕的、災難性的disaster(n.)災難
Ives said, “This is going to be one quarter that puts the stock in the penalty box for a while until they can prove that advertising tailwinds and user growth are back on the right track.”
艾夫斯說：「第二季將使得臉書股票在判罰區內待上一段時間，直到他們能夠證明廣告收入和用戶成長已回到正軌。」
the penalty box(冰上曲棍球運動中)被罰下場隊員座席;受罰席tailwind(n.)順風;有利的條件=favorable conditionson the right track做法正確;方法得當