The Jeff Ward Show

Blog > The Jeff Ward Show > Facebook now has 1.32 billion users, with 30% only using it on their mobile

Facebook now has 1.32 billion users, with 30% only using it on their mobile

Facebook posted sharply higher earnings on Wednesday as revenue from mobile advertising continued to grow, along with its user base.

The company's shares climbed nearly 4 percent in extended trading after the results came out, signaling that they could hit a record high when the stock market opens on Thursday.

Facebook Inc. (FB) said Wednesday that it earned $788 million, or 30 cents per share, in the April-June period, up from $331 million, or 13 cents per share, in the same quarter a year ago.

 
 
 

FACEBOOK IN FIGURES

Facebook had 1.32 billion active users at the end of June, up 14 percent from a year earlier.

On average, 829 million people used Facebook every day in June, up 19 percent from a year earlier.

The number of people who log in at least once a day on mobile devices was 654 million on average in June, up 14 percent from a year earlier.

Adjusted earnings were 42 cents per share, beating Wall Street's expectations of 33 cents, according to a poll by Zacks Investment Research.

Read more:

Last week, Kim Kardashian nearly broke the Internet (again) when she said she was “on the fence” about who she was...
Dallas Mavericks owner and Shark Tank star Mark Cuban has been known to make his presence felt while sitting in...
The Carolina Panthers — set to play the Minnesota Vikings on Sunday at Bank of America Stadium in Charlotte — are...
Colin Kaepernick is speaking out in a new interview about his national anthem protest, revealing that he’s been...
Where have we heard this before? Like the Planned Parenthood shooter had a criminal history, the Nice attacker was...