Today Facebook revealed just how well it performed last quarter: The company saw revenues of $4.04 billion and $0.50 earnings per share, while surpassing 1.49 billion monthly active users and 968 million daily active users.
Analysts expected Facebook to report revenues of about $3.99 billion and $0.47 earnings per share. After trading up all day, Facebook’s stock is now down by more than 3 percent after hours.
Here’s what the company’s Q2 2015 revenue looks like in the context of the past two years:
Facebook’s quarterly results follow a pretty dismal earnings season for the tech industry. Mixed earnings reports from Twitter and Yelp yesterday drove the companies’ stocks down a painful 13 percent and 26 percent respectively. And last week, Apple’s stock dropped eight percent despite reporting record growth for the quarter.
VB’s research team is studying mobile user acquisition…
Chime in here, and we’ll share the results.
Facebook revenue jumps 38% to $4.04B in Q2 as daily active users grow 17%
from VentureBeat » Social Media Companies | Social Network News | VentureBeat http://ift.tt/1IsnFjG
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