Mobile ad revenue constitutes 78% of total revenue recorded by Facebook

Facebook has been rolling out new updates and features almost on a daily basis and has now shared its third quarter earnings report.

Jagruti Verma
Updated On
New Update
Facebook shared its third quarter earnings report and it looks pretty impressive. The social networking giant reported that they have more than a billion daily and 1.55 billion monthly users which are 17% and 14% more than last year respectively.

With an increase of 27% in the number of daily and 23% in the number of monthly mobile users, there has been a more significant increase in the number of users in the mobile sphere of Facebook.

The mobile ad revenues represent approximately 78% of the total ad revenues of the third quarter of 2015 which is 66% more than last year. The capital expenditures were $780 million and Free Cash Flow was $1.41 billion.

"We had a good quarter and got a lot done, we’re focused on innovating and investing for the long term to serve our community and connect the entire world," said Mark Zuckerberg.

Facebook is officially a community of 1.55 billion people.

features Daily @connect report Facebook good Increase Earnings Third Quater users community Mobile updates