Facebook Announces its First Quarter Report of 2015

Facebook CEO, Mark Zuckerberg, announced the quarterly earnings of Facebook and his related social network platforms. He gave an update on community’s progress to connect to each other across the globe. The CEO, Mark Zuckerberg, said on his Facebook page that the world is getting connected through social media platforms and it is huge achievement for the company.

• Daily active users (DAUs) were 936 million on average for March 2015, an increase of 17% year-over-year.
• Mobile DAUs were 798 million on average for March 2015, an increase of 31% year-over-year.
• Monthly active users (MAUs) were 1.44 billion as of March 31, 2015, an increase of 13% year-over-year.
• Mobile MAUs were 1.25 billion as of March 31, 2015, an increase of 24% year-over-year.

As far as Revenues are concerned, for the first quarter of 2015 it totaled $3.54 billion, an increase of 42%, compared with $2.50 billion in the first quarter of 2014. Excluding the impact of year-over-year changes in foreign exchange rates, revenue would have increased by 49%.

Revenue from advertising was $3.32 billion, a 46% increase from the same quarter last year. Excluding the impact of year-over-year changes in foreign exchange rates, revenue from advertising would have increased by 55%.

Mobile advertising revenue represented approximately 73% of advertising revenue for the first quarter of 2015, up from approximately 59% of advertising revenue in the first quarter of 2014.

Facebook was founded in 2004 with the mission to give people the power to share and make the world more open and connected. And no doubt it has achieved its mission by connecting the world.

Source: Facebook