Facebook posts Q2 2014 earnings: $2.9 billion revenue, 1.32 billion monthly active users
Facebook has just reported its Q2 2014 earnings, showing growth in revenues, income and user numbers. As for the financials, Facebook saw a 61 percent jump in revenue over Q2 2013 to $2.91 billion, with net income also jumping to $791 million, a boost of 139 percent over last year. Operating income, operating margin and EPS were all up substantially from last year.
On the user side of things, Facebook reported that it now has 1.32 billion monthly active users, up 14 percent year-over-year. Daily active users total 829 million, up 19 percent from last year. More importantly for Facebook, monthly active users on mobile hit 1.07 billion, up 31 percent in the last year, while monthly active users on mobile were up 39 percent to 654 million.
Those are pretty impressive growth numbers from a company that already has so many users, and it doesn't seem the growth will be stopping any time soon.
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By Jez Corden
If it's a story capable of generating user traffic, it'll be published!
I own an iPhone, windows phone, and android phone, and the facebook beta app on windows phone is definitely the best out of the three.
Anyway, I did not participate to this growth as I cancelled my account some time ago.