5 charts that break down Facebook’s $3 billion third quarter

Facebook-earnings

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For the sixth consecutive quarter, Facebook beat Wall Street estimates.

The company posted earnings on Tuesday of $0.43 per share and topped $3 billion in revenue for the first time, a gain of more than 50% from the revenue it reported in the same quarter a year earlier. Much of that was thanks to its success on mobile; mobile ads accounted for nearly $2 billion in revenue, or two-thirds of Facebook’s total ad revenue.

Some of the highlights from the quarter, in charts: Read more…

The social network now has 1.35 billion monthly active users, up 14% year-over-year.

More about Facebook, Charts, and Business

via Mashable http://ift.tt/1wE09rz

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