A Complete Guide to Facebook?s Q2 2016 Earnings Call
Facebook reported strong second-quarter-2016 financial results Wednesday, with revenue up 59 percent year-over year and net income soaring 186 percent compared with the second quarter of 2015.
The company reported revenue of $6.436 billion for the quarter, up 59 percent from $4.024 billion in the year-ago period. Revenue from advertising of $6.239 billion was up 63 percent from $3.827 billion in the second quarter of 2015.
The social network said mobile ad revenue represented approximately 84 percent of total ad revenue for the second quarter, up from 76 percent in the previous-year quarter.
The fastest growth regions for advertising revenue in the second quarter were the U.S. and Canada and the Asia-Pacific region, which saw growth rates of 69 percent and 67 percent, respectively. Facebook reported net income of $2.055 billion, or $0.71 per share, up 186 percent from $719 million ($0.25) in the second quarter of 2015.
Statistics and milestones
Facebook reported an average of 1.13 billion daily active users as of June 30, up 17 percent from the second quarter of 2015.
Mobile DAUs averaged 1.03 billion in the second quarter, up 22 percent year-over-year.
Monthly active users were up 15 percent year-over-year, reaching 1.71 billion.
Facebook reported 1.57 billion mobile MAUs as of June 30, up 20 percent from the year-earlier period.
Time spent per person on Facebook, Instagram and Messenger increased by double-digit percentages year-over-year.
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Source: Inside Social Games
URL: http://www.insidesocialgames.com
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