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Facebook swings to Q2 profit as mobile growth continues
2013-07-25 02:00:00| Total Telecom industry news
Mobile ads now account for 41% of social network's core advertising business.
Tags: mobile
growth
profit
continues
Zuckerberg dismisses Facebook teen drop-off: 'Just isn't true'
2013-07-24 23:39:43| CNET News.com
Despite the consistent criticisms aimed at Facebook's inability to hold on to the coveted teen market, CEO Mark Zuckerberg dispels the rumors. [Read more]
Tags: true
teen
facebook
dismisses
Facebook shares up 19% on ads boost
2013-07-24 23:24:24| BBC News | Business | UK Edition
Shares in Facebook leap as it beats earnings expectations with stronger than expected mobile ad sales in the second quarter.
Tags: ads
shares
boost
facebook
Facebook earnings by the numbers: 819M mobile users
2013-07-24 23:13:51| CNET News.com
The company's second-quarter report shows Facebook continuing to slowly gain more users while increasing its mobile advertising dollars. [Read more]
Tags: users
mobile
numbers
earnings
Facebook revenues increase 53% to reach USD 1.81 bln in Q2
2013-07-24 22:27:00| Telecompaper Headlines
(Telecompaper) Facebook revenue for the second quarter 2013, ending 30 June 2013 increased 53 percent year-over-year to USD 1.81 billion from USD 1.18 billion. Advertising revenue represented 88 percent of total revenue and increased 61 percent to reach USD 1.60 billion. Mobile advertising revenue represented 41 percent in the quarter and revenue from payments and other fees increased 11 percent to USD 214 million. GAAP costs and expenses dropped 35 percent to USD 1.25 billion. Excluding share-based compensation and related payroll tax expenses, non-GAAP costs and expenses were USD 1.02 billion, up 52 percent from USD 669 million.
Tags: increase
reach
usd
revenues
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