International
Facebook profits surge as users grow by 19 %

Facebook declared a quarterly profit of $ 806 million, surging up from $ 425 million in the third quarter of 2013.

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The Facebook share price has moved up by 63 % over the past year.

The number of Daily active users (DAUs) were 864 million for September 2014, an increase of 19% year-over-year.

Mobile DAUs were 703 million for September 2014, an increase of 39% year-over-year.

Monthly active users (MAUs) were 1.35 billion as of September 30, 2014, an increase of 14% year-over-year.

Mobile MAUs were 1.12 billion as of September 30, 2014, an increase of 29% year-over-year.

Revenue for the third quarter of 2014 totalled $3.20 billion, an increase of 59%, compared with $2.02 billion in the third quarter of 2013.

Revenue from advertising was $2.96 billion, a 64% increase from the same quarter last year.

Mobile advertising revenue represented approximately 66% of advertising revenue for the third quarter of 2014, up from approximately 49% of advertising revenue in the third quarter of 2013.

“This has been a good quarter with strong results,” said Mark Zuckerberg, Facebook founder and CEO. “We continue to focus on serving our community well and continue to invest in connecting the world over the next decade.”

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