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Facebook revenues up 39% on mobile expansion, profits lower
2015-07-30 07:38:00| Telecompaper Headlines
(Telecompaper) Facebook reported second-quarter revenues up 39 percent year-on-year to USD 4.04 billion, while profits fell due to a sharp rise in costs and provisions for taxes. Operating profit dropped 8 percent to USD 1.27 billion, after an 82 percent increase in operating costs, and net profit was down 9 percent to USD 719 million, including a provision of USD 554 million for taxes. Adjusted EPS was still up 16 percent to USD 0.50. Revenues continued to benefit from the company's expanding mobile customer base, with mobile now making up 76 percent of advertising revenue 62 percent a year ago. Monthly active users on mobile reached 1.31 billion in the quarter, up 23 percent year-on-year, compared to total monthly users of the social network of 1.49 billion, up 13 percent. On a daily basis, 968 million used the social network, including 844 million over mobile, up 24 percent from a year ago. Facebook finished the quarter with USD 14.1 billion in cash, after free cash flow of USD 1.33 billion.
Tags: mobile
lower
expansion
profits
Facebook hails 'strong quarter'
2015-07-29 23:09:37| BBC News | Business | UK Edition
Facebook hails "strong quarter" as the company reports its monthly users grew 13% to 1.49 billion.
Tags: strong
quarter
facebook
hails
Facebook Touts Money-Making Potential of Internet.org
2015-07-27 19:03:30| PC Magazine Software Product Guide
Internet.org brings new users onto mobile networks on average over 50 percent faster, Facebook said.
Tags: potential
facebook
touts
moneymaking
Facebook, Twitter And Exxon Mobil Highlight This Week's Earnings
2015-07-27 03:15:46| Chemicals - Topix.net
Among the week's highlights will be results from social media giants Facebook Inc and Twitter Inc . Wall Street analysts are expecting strong top line growth from both and gains in earnings as well.
Tags: weeks
mobil
highlight
earnings
Hillary Dodges Questions on Climate, Keystone and Fracking in Facebook Q&A
2015-07-21 19:21:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Hillary Clinton fielded questions from voters on Facebook Monday afternoon and many of the queries posed to the Democratic presidential frontrunner centered on environmental issues, including climate change, Keystone XL and fracking. Clinton chose to direct her responses mainly toward economic questions. Nonetheless, the Facebook chat highlights the environmental concerns voters are raising ahead of the 2016 election. My biggest concern is the health of our Planet, wrote Jess Barnett, who according...
Tags: questions
climate
qa
facebook
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