Facebook Has 1.19 Billion Active Users
The number of active users of Facebook (account activity at least once a month) by 1 October reached 1.19 billion (+18 % compared to the same date last year). In this case, 874 million people use it when communicating mobile devices (+6.7 %).
In general, the company Facebook Inc. from the United States, the owner of the world's largest social network, has completed the third quarter with the financial indicators that were better than the average forecast of the market.
According to a press release, in July -September, it posted a net profit of $ 425 million, or 17 cents per share, compared with a net loss of $ 59 million, or 2 cents a share, in the same period last year. Adjusted earnings increased to $ 621 million, or 25 cents a share, compared with $ 311 million, or 12 cents a share, in the third quarter of 2012. Revenue in last quarter was $ 2.016 billion versus $ 1.262 billion a year earlier.
Analysts polled by FactSet, on average, estimated adjusted earnings of 19 cents per share on revenue of $ 1.91 billion of revenue from advertising jumped 66 % to $ 1.8 billion, while revenue from advertising on mobile devices accounted for about 49% of the total compared with 41 % in the second quarter of this year.
Facebook Share prices rose by almost 17% in electronic trading on Wednesday after the publication of the reports, since the financial performance exceeded the expectations. Since the beginning of this year, the capitalization of the company increased by 84%. - 17D-
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review