Thursday, November 3, 2016

Facebook continues to increase users and profits – ElTiempo.com

The social network Facebook posted a net profit in the first nine months of 2016 of 5.944 billion, which represents an increase of 179 % compared to the same period last year, when he managed to 2.127 million.

in Addition, the revenues of the technology company rose to 18.829 million dollars, compared to 12.087 million recorded in the same months of 2015.

The operating profit of Facebook in the first nine months of 2016 climbed up to 7.876 billion, compared to 3.665 million in the same stretch of the previous year.

figures of the company soared, thanks in large part to the strong performance of its advertising revenues. Of 7.011 million dollars that he earned income in the last quarter, 6.816 billion were only the results of advertising sales, which set a rise of 59 % compared to the same stretch of the previous year.

advertising on mobile accounted for approximately 84 % of all advertising revenue from July to September, when this section in the same quarter of 2015 was 78 % of that obtained by the sale of ads.

In terms of the number of hits, the company reported that the volume of users that come in on Facebook on a daily basis stood at 1,180 million, representing a year-onyear increase of 17 %. This positions the platform very close to alcazar 2,000 millions of users.

with Respect to the data corresponding only to the third quarter of its fiscal year (July-September), the company presented a net profit of 2.379 million dollars, an amount exceeding the 896 million recorded in the same stretch of 2015.

“we Had another good quarter,” he said in a press release the CEO and co-founder of Facebook, Mark Zuckerberg, who emphasized the “progress” of the social network to prioritize video in their applications as well as run his “roadmap” for technology.

The shareholders of Facebook earned up to September 2,05 $ title, compared to the 75 cents that it earned in the first nine months of 2015. Only in the past three months, the holders of securities of the social network admitted 82 cents compared with 31 cents in the same quarter of 2015.

EPH

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