Expectations were high, but Facebook could surpass: profits and sales of the world’s largest online network rose significantly thanks to flourishing advertising in the second quarter on smartphones surprisingly vigorously. The stock reached after trading a new record high
No end of the turbo-growth in sight. Bubbling advertising revenues have Facebook in the second quarter another billion profit in cash flushed. 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
share shoots up
Even with investors the results were well received. The Facebook shares shot up after trading hours about six percent 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 made surprisingly good business, according to the bar high the profit was this time.
From April to June tripled Facebook yoy almost by 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.
1.7 billion users
“Our community and our business had another good quarter” Commenting Facebook CEO Mark Zuckerberg, the 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 the Messenger service Whatsapp include sets, massively to moving images and made last especially with the streaming service Facebook Live talked about.
Facebook had end 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
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