Facebook Q2 earnings

2918 2017-07-26 12:03

Facebook Smashed in Q2 with 2.01 Billion Users

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Facebook, Inc. (NASDAQ: FB) has today reported financial results for the quarter ended June 30, 2017.
 
"We had a good second quarter and first half of the year," said Mark Zuckerberg, Facebook founder and CEO. “Our community is now two billion people and we’re focusing on bringing the world closer together.”
 
Facebook has got a quarterly revenue of $ 9.32 billion, and a growth of 44.7% YOY, compared to 59% in Q2 2016. The strong result should be contributed to Facebook’s 2.01billion monthly users, the number grew 3.4% from 1.94 billion users last quarter active users, up from 1.28 billion in Q1 and up 17 percent YOY.

 



Second Quarter 2017 Operational and Other Financial Highlights

• Daily active users (DAUs) – DAUs were 1.32 billion on average for June 2017, an increase of 17% year- over-year.
• Monthly active users (MAUs) – MAUs were 2.01 billion as of June 30, 2017, an increase of 17% year- over-year.
• Mobile advertising revenue – Mobile advertising revenue represented approximately 87% of advertising revenue for the second quarter of 2017, up from approximately 84% of advertising revenue in the second quarter of 2016.
• Capital expenditures – Capital expenditures for the second quarter of 2017 were $1.44 billion.
• Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable
securities were $35.45 billion at the end of the second quarter of 2017.
• Headcount – Headcount was 20,658 as of June 30, 2017, an increase of 43% year-over-year.

 

Facebook’s profit has grown up to $3.894 billion in Q2, up 71% YOY. Mobile is the major engine for the results and got a revenue of $ 8 billion, which accounts for 87% of ad revenue, and the total ad revenue reached $9.16 billion.
 
 

 

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