Facebook Q2 Key Metrics Exceed Expectations
reported financial results for the quarter
ended June 30, 2017. The social networking
giant delivered earnings per share of $1.32
vs. $1.13 which was expected. As to revenue,
Facebook reported $9.32 billion with $9.2
billion which was sought by investors.
mobile ad arena, revenue came in at $8
billion with only $7.68 billion anticipated.
Facebook's Monthly users were 2.01 billion
against the 1.98 billion that was expected.
Capital expenditures for Q2 were $1.44
billion with $1.73 billion looked for.
"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."
Second Quarter 2017
Operational and Other Financial Highlights
active users (DAUs) – DAUs were 1.32 billion on average for
June 2017, an increase of 17%
Monthly active users
(MAUs) – MAUs were 2.01 billion as of June 30, 2017, an increase
of 17% year-over-year.
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 for the second quarter of 2017 were
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 was 20,658 as of June 30, 2017, an increase of 43%