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Q3-2015: Facebook YoY revenue up 40.5% to $4.5 billion; net income $1.63 billion

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BENGALURU: Social media major Facebook Inc reported a 40.5 per cent hike in YoY revenue to $4.5 billion in the quarter ended 30 September, 2015 (Q3-2015) as compared to the $3.2 billion in the corresponding quarter of last year.



 

The company?s non-GAAP net income rose 41.7 per cent YoY to $1.6 billion (36.2 per cent margin) in the current quarter as compared to $1.14 billion (35.9 per cent margin) in Q3-2014. Facebook's GAAP income increased 11.2 per cent to $896 million in the current quarter as compared to $806 million in Q3-2014.

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

Operational highlights

Daily active users (DAUs) - DAUs were 1.01 billion on average for September 2015, an increase of 17 per cent YoY

Mobile DAUs - Mobile DAUs were 894 million on average for September 2015, an increase of 27 per cent YoY.

Monthly active users (MAUs) - MAUs were 1.55 billion as of 30 September, 2015, an increase of 14 per cent YoY.

Mobile MAUs - Mobile MAUs were 1.39 billion as of 30 September, 2015, an increase of 23 per cent YoY.

Financial highlights

Growth in revenue was driven by a 45.4 per cent growth in Advertising revenue to $4.29 billion in the current quarter as compared to the $2.59 billion in Q2-2014.

Mobile advertising revenue - Mobile advertising revenue represented approximately 78 per cent of advertising revenue for Q3-2015 2015, up from 66 per cent of advertising revenue in Q3-2014.

Capital expenditures - Capital expenditures for Q3-2015 were $780 million.

Cash and cash equivalents and marketable securities - Cash and cash equivalents and marketable securities were $15.83 billion at the end of Q3-2015.

Free cash flow - Free cash flow for Q3-2015 was $1.41 billion.



Zuckerberg also took to his Facebook page to say, "Our community now has more than 1.55 billion people, including more than 1 billion people active every day. Through Internet.org, more than 15 million people now have access to the opportunities of the Internet who didn't before."



"In the last three months, we've also announced our first aircraft to beam down internet access, our first satellite launch to deliver connectivity, an AI-powered digital assistant and our first Oculus virtual reality consumer release. Our community has a lot to be proud of. Thank you for being a part of our community, and for helping to connect the world," he added.

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