Facebook exceeds expectations again with Q2 2014 results

Facebook exceeds expectations again with Q2 2014 results

facebook, mark zuckerberg, revenue, income, q2 2014, arpu


Facebook once again represented  its second quarter results exceeding the expectation of analyst.This happened for 8th time in a row which resulted in positive reactions in market place.The company shows growth in revenue, income and user numbers. Compared to Q2 of last year, its revenue jumped 61% to $2.91 billion and its net income grew 139% to $791 million.
Facebook is also seeing user growth across the board with 1.32 billion active users and 829 million daily active users, up 14% and 19% year-over-year respectively. When talking specifically about mobile, Facebook's Q2 2014 numbers are even more impressive. The company hit 1.07 billion monthly active mobile users, up nearly 6% from last quarter, and its daily mobile users jumped 7.4% from 609 million to 654 million.
Facebook has also now set records around the world for its global rise in average revenue per user (ARPU), according to reports. The company seems to be pulling in more cash on a user by user basis, even as it continues to grow.
As some have suggested, the growth numbers are fairly impressive for a company that already has so many users, but the expansion also rises costs. Facebook spent $1.52 billion in the second quarter of 2014, up about 22% from the year prior.
However, despite the heavy expenses, Facebook clearly had a strong quarter. "Our community has continued to grow, and we see a lot of opportunity ahead as we connect the rest of the world," Mark Zuckerberg said during a statement accompanying the Q2 results.