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Facebook earns a Record breaking Profit jumps 177% as users continue to grow News Tech World 

Facebook earns a Record breaking Profit jumps 177% as users continue to grow

Facebook Financial Earning Report 2016 -2017

Facebook new earnings report published, Which  has explained a announced record-breaking revenues and profit. and Facebook continue to attract more user from  around the globe.

Facebook user bank is  1.84 billion monthly, while the daily active users stand at about 1.23 billion (1.15 billion of which are from mobile). As compared to previous year press release the user graph is larger, which means it is growing faster than ever before. The 2 billion monthly active users milestone will be achieved by the mid of this year.

In an investor’s press release, Facebook announced that its earnings stood at $8.81 billion in revenue and $1.41 per share. The present user base of Facebook stood at 1.86 billion monthly users.

Facebook  User table

Around 4 million advertisers  are on facebook network, up from 2.5 million a year before and growing. Other Facebook platforms continue to rise its user bank same like others, with Instagram at 600 million, and both, Whatsapp and Messenger, at more than a billion users each. Its other markets such as VR seem to be doing good and well.

Facebook CEO Mark said:

“Our mission to connect the world is more important now than ever,”

 “Our business did well in 2016, but we have a lot of work ahead to help bring people together.”

The first quarter of the Financial Year 2016-17 is over. Facebook  have already started posting their earnings. As evident from the facts, as per the facts this will be a good  year Facebook from start.

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