the Company’s profits increased by 166 per cent in the third quarter.
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There have been big expectations related to Facebook’s earnings in the third quarter. The result, which was put forward after the close of business in the united STATES on Wednesday, shows that the company exceeded analysts ‘ expectations.
Nevertheless, the falling Facebook share price by 22: 30 hours-the time (Norwegian time) to 2.5 per cent in etterhandelen on Wall Street.
the Report shows that the company increased turnover by nearly 56 percent in the third quarter. Facebook had a revenue of 7,01 billion dollars in the third quarter, compared with 4.5 billion dollars in the same period last year, reports MarketWatch.
With the increase Facebook sales for the sixth quarter in a row, according to Bloomberg News. The last four quarters, the company has increased turnover by more than 50 per cent.
In advance expecting the analysts to a turnover in the quarter of 6.9 billion dollars.
Increased profit with the 166 per cent
84 percent of the company’s advertising revenue now comes from mobiltelefonbruk. That is an increase of 78 per cent, compared with the same period last year.
Facebook had an adjusted earnings per share of 1.07 dollars, while on the advance were expecting an adjusted profit of 97 cents per share. In the same quarter of last year had Facebook, an adjusted earnings per share of 57 cents.
the Company had a net loss of 2,38 billion dollars. The surplus has thus increased by 166 per cent from the same period last year, when the net profit was at 896 million dollars, writes MarketWatch.
the Number of monthly active users per month increased by 4.7 per cent, from the previous quarter. Facebook had 1,79 billion monthly active users in the third quarter.
Has previously admitted regnefeil
Facebook ceo Mark Zuckerberg says it was a good quarter.
We make progress to put the video first on across our apps, he says, according to the Financial Times.
Previously, Facebook ceo Mark Zuckerberg admitted that the company is experiencing a slow start for sales of their 3D-glasses “Oculus Rift”. The company has also previously admitted that it has been considered wrong, and overrapportert the time of the video on the social media.
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