The financial results of the Facebook network reveal 2.16 billion users and revenues of 13 billion dollars - WAX PRESS

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Saturday, February 3, 2018

The financial results of the Facebook network reveal 2.16 billion users and revenues of 13 billion dollars

Facebook reported its fourth-quarter results of 2017, which generated revenues of US $ 12.97 billion with a growth of approximately 3.39% in monthly active users.


The network said it now has 1.4 billion active users a day with growth of 2.18%. However, Mark Zuckerberg confirmed that there was a slight decline in the percentage after changing the prevalence of videos and content display, which negatively affected the time spent by users within the social network.

Facebook surpassed analysts' forecasts that the network's revenues would be $ 12.55 billion, yielding nearly $ 13 billion in one quarter. Net profit was $ 4.26 billion, despite warnings to investors earlier that more ads could not be added to the latest news page.

Although the percentage of active users is declining daily, the percentage of users who visit the network every day reached 66%, which is almost constant since 2015, which means that the increase in active users per month covers the daily decline and helps the network to maintain its numbers Strong.

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