03 Nov '16, 5pm

Facebook's Q3 Results: 5 Things You Need to Know

Facebook's Q3 Results: 5 Things You Need to Know

Facebook had another good quarter, according to CEO Mark Zuckerberg, raking in $7 billion in revenue and continuing to attract new users to the platform. The social network has released its full financial results for Q3 2016 . Here are five things marketers need to know. 1. Facebook Made $6.8 Billion in Advertising Facebook’s advertising revenue once again showed impressive growth, reaching $6.8 billion in the third quarter. Revenue was up 59 percent compared to the same quarter last year ($4.2 billion). Mobile advertising accounted for 84 percent of Facebook’s advertising revenue (or roughly $3.5 billion) during Q3 of this year. In 2015, mobile accounted for 78 percent of Facebook’s advertising revenue. 2. Facebook Has 1.79 Billion Monthly Users Facebook now has 1.79 billion active monthly users, a 16 increase compared to last year. In Q2, Facebook reported it had amassed...

Full article: https://www.searchenginejournal.com/facebook-results-for-...

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To help personalize content, tailor and measure ads, and provide a safer experience, we use cookies. By clicking or naviga...

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facebook.com 03 Nov '16, 8pm

To help personalize content, tailor and measure ads, and provide a safer experience, we use cookies. By clicking or naviga...

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