Facebook announces a record and more than 1.59 billion active users financial results

Jan

29

2016

Facebook shares rose 12% in premarket trading on Thursday, after the announcement of record quarterly financial results thanks to sales of its advertising, which has strengthened its position and contributed to the increase in market value.

And contributed to the jump in the shares of the company, which owns the largest social network in the world, adding nearly $ 33 billion to its market value, it has also contributed to the development of the company on track to intervene again Club companies that increase the market value of about $ 300 billion.

She said that Facebook ads on mobile devices accounted for about 80% of the total revenue from ads during the fourth quarter of last year 2015, compared to 69% were recorded during the same period of the previous year.

The company also said that the number of active users per month amounted to 1.59 billion by December 31 / December 2015, 1.44 billion of them used the service on mobile devices, an increase of 21%.

And it announced Facebook for an increase of 52% in sales during the last three months of last year, compared to the same period of 2014, while profit increased to 1.56 billion US dollars, more than double the $ 701 million earned in the previous year.

For the whole of last year, the company said its earnings amounted to $ 17.93 billion, an increase of 44% compared to 2014. These results surpass Wall Street expectations, which predicted profit of $ 1.2 billion of the proceeds of 5.37 billion dollars.

Thanks in record results in large part to the enormous success of Facebook from selling advertising on mobile devices, which the company did not enter only a few years ago.

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