Facebook has earned a reputation for delivering the goods on earnings day, and Wednesday was no exception.
The social giant reported record totals for revenue, profits and user
figures across the board on Wednesday, beating Wall Street estimates on
a day when company stock rose nearly 3%.
The new numbers show that despite more than 1.3 billion users,
Facebook is still growing at a steady rate. The company added more than
40 million monthly active users in Q2, and mobile monthly actives
increased more than 30% over the past year.
In fact, more than 650 million people use Facebook every day from a mobile device, more than twice the U.S. population.
Here's how Facebook's record-breaking quarter looks on paper.
Facebook revenue was at an all-time high last quarter, almost $350 million more than Q4, which included holiday ad spending.
While
user growth has slowed in Europe and the U.S., Facebook continues to
add millions of new users each month from Asia and other parts of the
world.
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