Facebook quarterly profit

With strong quarter growth, Facebook hits 1.71 billion monthly users

Showing strong revenue and profit growth, social networking giant Facebook has added 60 million monthly users in the second quarter of 2016 to reach 1.71 billion users while scoring $6.44 billion in revenue -- blowing the earlier estimates of $6.02 billion.

Jul 28, 2016, 16:23 PM IST

Facebook quarterly profit doubles as user ranks grow

Facebook quarterly profit more than doubled as its ranks swelled during the past year to a mammoth user base of nearly 1.6 billion.

 

Jan 28, 2016, 10:39 AM IST