Select Page

Facebook announced its Q3 2013 results today, posting $2.02B in revenue with earnings of $0.25 a share. That blew away estimates of $0.19 EPS and $1.91B in revenue.

Much of the growth can be attributed to exploding ad revenue on mobile, with 49% of its revenue in Q3 coming from outside of the desktop. Facebook’s overall revenue was up 49% in Q3 compared to the year-ago quarter.

In fact, Facebook grew in almost every important metric. Daily active users were up 25% to 728M, monthly actives were up 18% to 1.19 and mobile MAUs were up 45% y/y to 874M. Facebook’s monthly active users number jumped up by 40 million over all.

Mobile daily active users were 507M in September of 2013.


More to follow

Article source: