Facebook reports second quarter 2017 results. Daily active users increase of 17%, Mobile advertising revenue increase of 84%.
Facebook, Inc. (NASDAQ: FB) reported financial results for the quarter ended June 30, 2017.
“We had a good second quarter and first half of the year. Our community is now two billion people and we’re focusing on bringing the world closer together” said Mark Zuckerberg, Facebook founder and CEO.
Facebook Second Quarter 2017 Operational and Other Financial Highlights
Daily active users (DAUs) – DAUs were 1.32 billion on average for June 2017, an increase of 17% year-over-year.
Monthly active users (MAUs) – MAUs were 2.01 billion as of June 30, 2017, an increase of 17% year-over-year.
Mobile advertising revenue – Mobile advertising revenue represented approximately 87% of advertising revenue for the second quarter of 2017, up from approximately 84% of advertising revenue in the second quarter of 2016.
Capital expenditures – Capital expenditures for the second quarter of 2017 were $1.44 billion.
Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $35.45 billion at the end of the second quarter of 2017.
Headcount – Headcount was 20,658 as of June 30, 2017, an increase of 43% year-over-year.