Facebook increased profits, ad revenue and users

Facebook increased profits, ad revenue and users

The number of people who use Facebook at least once a month was 2.010 million at the end of June

   The US social network Facebook announced on Wednesday second quarter results with higher than expected increases while its number of users continues to grow. The net profit had a 71% increase compared to the second quarter of last year and reached 3,900 million dollars.

The volume of business also exceeded expectations and grew 45% to 9,300 million dollars while the profit per share was of 1,32 dollars against 1,13 dollars of the average expectation of the analysts. The sale of advertising, the most interesting segment for the market because it constitutes almost all of the group's income, also exceeded expectations: it increased 47% to 9,160 million dollars.

  After the results report, Facebook shares, which ended the day with an increase close to 1%, rose by around 2% in the operations after the closing of the market. "We had a good second quarter and first half of the year," said Facebook co-founder and president Mark Zuckerberg. "Our community is now 2 billion people and we are focusing on bringing the world closer to everyone."

The number of people using Facebook at least once a month was 2,010 million at the end of June, an increase of 17% over the same period last year, according to the social network.