Application Update

Facebook Beats In Q2 With $4.04B Revenue, User Growth Slows To 3.47% QOQ To Hit 1.49B

People aren’t using Facebook less, according to its new earnings report. Facebook recovered from last quarter’s miss, beating the street’s estimates in Q2 2015 with $4.04 billion in revenue and $0.50 earnings per share. Facebook now has 1.49 billion monthly users, up 3.47 percent quarter over quarter, which was a bit slower than Q1’s 3.6 percent growth.

Analysts had predicted $3.99 billion in revenue with 47 cents EPS. However, GAAP net income year-over-year, the measure of Facebook’s real profit, is down from $791 million to $719 million. That seems to be contributing to the current 1.39 percent dip in Facebook’s share price to $95.53 in after-hours trading.

But in terms of the long-term health of the social network, the most important stat is that Facebook held strong at 65 percent stickiness, or DAU divided by MAU. That’s the representation of how engaged users are, and the fact that it’s not slipping is a good sign as the service competes for attention with Snapchat and Twitter. read more at here