Facebook reports $7.1 billion in revenue, crosses 1B mobile only MAU in Q3, 2016

Facebook has announced financial results for Q3, 2016. The social network has reported revenue of $7.1 billion, up 56% YoY while net income was $2.4 billion. Facebook revealed that it now has 1.79 billion monthly active users (up 16% YoY) and 1.66 billion mobile users (up 20% YoY). DAUs were 1.18 billion (up 17% YoY) while Mobile DAUs were … Continue reading "Facebook reports $7.1 billion in revenue, crosses 1B mobile only MAU in Q3, 2016"

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