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MajorGeeks.Com » News » July 2013 » Facebook second quarter revenue totals $1.81 billion, up 53%

Facebook second quarter revenue totals $1.81 billion, up 53%


Posted by: Timothy Tibbetts on 07/24/2013 12:14 PM [ comments Comments ]


Facebook today reported financial results for the second quarter, which ended June 30, 2013.

"We've made good progress growing our community, deepening engagement and delivering strong financial results, especially on mobile," said Mark Zuckerberg, Facebook founder and CEO. "The work we've done to make mobile the best Facebook experience is showing good results and provides us with a solid foundation for the future."



Second Quarter 2013 Operational Highlights

  • Daily active users (DAUs) were 699 million on average for June 2013, an increase of 27% year-over-year.
  • Monthly active users (MAUs) were 1.15 billion as of June 30, 2013, an increase of 21% year-over-year.
  • Mobile MAUs were 819 million as of June 30, 2013, an increase of 51% year-over-year. Mobile DAUs were 469 million on average for June 2013.

    Recent Business Highlights

  • Surpassed 1 million active advertisers on Facebook, driven by significant growth in local businesses.
  • Introduced video for Instagram and saw 5 million videos uploaded in the first 24 hours.
  • Facebook for Every Phone has now passed 100 million monthly active users. In just two years,
  • Facebook for Every Phone has successfully put Facebook into the hands of millions of people around the world with limited access to the Internet, giving them the power to connect and share.
  • Launched products including Verified Pages, hashtags and embedded posts to help people on Facebook connect with their friends about what's taking place all over the world.
  • Announced that there have now been over 100,000 apps built on Parse, a cloud-based platform that provides scalable cross-platform services and tools for developers to enable them to build apps that span mobile platforms and devices.
  • Facebook's data center in Lulea, Sweden, began serving live user traffic around the world using Facebook's Open Compute Project designs and renewable energy.

    The complete report is available at http://investor.fb.com/releasedetail.cfm?ReleaseID=780093




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