Facebook achieved a big leap in revenues and profits



Revealed Facebook announced its financial results for the first quarter of the current fiscal year which showed a big jump in revenues amounted to $ 11.9 million including a net profit of about $ 5 million.

And grew the company’s revenue at the rate of 50% its net profit at a rate of 63% compared to the same quarter of last year where its revenue was $ 8 million its net profit is 3 million.

As for the statistics of users has reached the number of daily active users of 1.45 million, the number of monthly active users 2.20 million users, an increase of 13% compared to the same quarter of last year.

Include the advertising revenue from the platform of smart phones and 85% of total advertising revenue. The number of employees in the company to keep 27742 employees, an increase of 48% from the same quarter of last year due to the appointment of 20 thousand employees to deal with security and privacy, especially after the scandal of the Cambridge sales that did not affect the company’s revenue being the featured case in mid-March and change those numbers until the end of March.

The results of the Facebook that it spent about $ 2 billion on research and development and approximately $ 2.2 million on marketing.

And for the next period, warned Mark Zuckerberg investors that the social network users will spend less time than the previous what will adversely affect the interaction between them, but not necessarily to affect the company’s revenue.


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