Citylife > News Articles   ⚛ Submit Content/Article 
  ★ Home ✉ Contact us ✰ Add to Favourites

Most Recent Postings
More News Articles
Featured Sections

Latest News Articles >> Events, Entertainment and Exhibitions

Dubai, UAE, November 7, 2016:  Facebook has reported the financial results for the quarter ended September 30, 2016. 

Please find below an overview of the stats and highlights shared in Facebook's Q3 earnings.

Third Quarter 2016 Financial Highlights*

The information in the Third Quarter 2016 Financial Highlights table is presented in accordance with generally accepted accounting principles in the United States (GAAP). For non-GAAP financial information, see the table below titled 'Reconciliation of GAAP to Non-GAAP Results.'

 

Third Quarter 2016 Operational Highlights 

  • Daily active users (DAUs) – DAUs were 1.18 billion on average for September 2016, an increase of 17% year-over-year. 
  • Mobile DAUs – Mobile DAUs were 1.09 billion on average for September 2016, an increase of 22% yearover-year. 
  • Monthly active users (MAUs) – MAUs were 1.79 billion as of September 30, 2016, an increase of 16% year-over-year. 
  • Mobile MAUs – Mobile MAUs were 1.66 billion as of September 30, 2016, an increase of 20% year-overyear. 

Third Quarter 2016 Other Financial Highlights 

  • Mobile advertising revenue – Mobile advertising revenue represented approximately 84% of advertising revenue for the third quarter of 2016, up from approximately 78% of advertising revenue in the third quarter of 2015. 
  • Capital expenditures – Capital expenditures for the third quarter of 2016 were $1.10 billion. 
  • Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $26.14 billion at the end of the third quarter of 2016.
    Share
Posted by : GoDubai Editorial Team
Viewed 11099 times
Posted on : Monday, November 7, 2016  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com. Check our Privicy Policy.
PreviousPrevious Story : Is Truth Stranger than Fiction? Authors Reveal their Sources at Sharjah International Book Fair
Next Story : Warsha Programme Organises Workshops for Authors at Al Noor IslandNext
Email Article Print Article
Email this article Print this article

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days