Tuesday, December 06, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
U.S. Supreme Court Rules in Favor of Samsung in Smartphone Patent Suit
TSMC And IBM Detail Their 7nm Progress At 2016 IEDM
Oculus Touch Now Available
European Commission Approves Acquisition of LinkedIn by Microsoft, Subject to Conditions
Google To Go Completely Green Using Renewable Energy Only
Yahoo's 2016 Top Searched Celebrities, News Stories, Fashion Trends, and More
Western Digital Introduces Enterprise-Class HDDs and SSDs, 14TB SMR HDDs On The Way
HARMAN Invests in Navdy and Partners to Offer Aftermarket Augmented Reality Driving Device
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Faceboo...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 25, 2013
Facebook 2Q Results Beat Estimates


Facebook on Wednesday posted higher revenue from mobile ads and delivered a healthy second-quarter profit that reversed a loss in the same period a year ago.

The social network also reported an increasement in daily visitors to its service. Its daily active users were 699 million on average for June 2013, an increase of 27% year- over-year. Monthly active users were 1.15 billion as of June 30, 2013, an increase of 21% year-over-year. Mobile monthly active users were 819 million as of June 30, 2013, an increase of 51% year-over-year.

Sales for the quarter ended June 30 were US$1.81 billion, up 53 percent compared to $1.18 billion during the same period last year.

The company's advertising revenue was $1.6 billion, representing 88 percent of total revenue, the company reported, and a 61 percent increase from the same quarter last year. Mobile advertising revenue represented approximately 41% of advertising revenue for the second quarter of 2013.

The company posted profits, meanwhile, of $333 million, at $0.13 per share, compared to a net loss of $157 million for the second quarter of 2012, at $0.08 a share.

"We've made good progress growing our community, deepening engagement and delivering strong financial results, especially on mobile," said Mark Zuckerberg, Facebook founder and CEO. "The work we've done to make mobile the best Facebook experience is showing good results and provides us with a solid foundation for the future."


Previous
Next
Panasonic DMC-FZ70 Lumix camera Has A 60X optical Zoom        All News        ASUS Launches First Motherboards for AMD FM2+ APUs
Europe Accepts Commitments From Penguin in e-books Market     General Computing News      Michael Dell Ups Takeover Bid

Get RSS feed Easy Print E-Mail this Message

Related News
Facebook, Twitter And Google Are Partnering To Help Curb Spread of Online Terrorist Content
Facebook To Offer $20 million To Improve Silicon Valley Communities
Facebook To Use Artificial Intelligence to Flag Offensive Videos
Facebook Brings Games To Messenger
Facebook Said To Propose Censorship Tool to Re-enter China
U.S. Authorities Investigate Facebook Drone Accident
Facebook Takes Staps To Fight Fake News
Facebook Buys Facial Recognition Startup FacioMetrics
Google, Facebook To Ban Puiblishers Of Fake News From Their Ad Networks
WhatsApp Adds Secure Video Calling
Some Facebook Users Appeared Dead Due To Bug
Facebook To Stop Ethnicity-based Targeting For Ads

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .