Thursday, July 28, 2016

Facebook nearly tripled its profit – N24

The Turbo-growth Facebook continues: profits and sales put more vigorously zu.Im second quarter broke through the US company the one billion mark – and the more than clear

<. p> No end of the turbo-growth in sight: Bubbling advertising revenues have Facebook rinsed in the second quarter another billion profit in the coffers. Especially with ads on smartphones earned the largest online network in the world magnificently. The quarterly figures released by US-market close on Wednesday surpassed analysts’ expectations significantly

Even with investors the results were well received. The Facebook shares shot after trading at over six per cent upwards and marked outside the regular trading session, a record high above $ 130th Since the beginning of the course has increased by nearly 18 percent.

Already in the previous quarter, Facebook had surprisingly done good business, according to the bar high was this time. From April to June tripled Facebook earnings yoy almost from the 719 million to 2.1 billion dollars (currently about 1.9 billion euros). Revenue rose 59 percent to 6.4 billion dollars. The advertising revenue, by far the most important source of income, increased by 63 percent to 6.2 billion dollars. The share of advertising on mobile devices to the advertising revenues grew yoy by 76 to 84 percent.

“Our community and our business had another good quarter,” said Facebook CEO Mark Zuckerberg current figures. “We are particularly pleased with the progress made in the video area.” His company, which also includes the popular photo platform Instagram and Whatsapp Messenger service include sets, massively to moving images and made last especially with the streaming service Facebook Live talked about.

Facebook late June 1.71 billion active users per month, which was 15 percent more than the same period last year. By comparison, Twitter, once touted as a serious rival, brought finally to 313 million. The number of users who are logged daily on Facebook, increased by 17 percent to 1.13 billion. From this mass of Internet Group hit thanks to new advertisers more capital. Average revenue per user increased the previous quarter to strong 15 percent to 3.82 dollars.

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