Thursday, 5 November 2015

Innovating and Investing! Facebook Q3 revenues up 41%

The company posted 40.5 per cent jump in quarterly revenue. Revenue jumped to $4.50 bn in the third quarter ended Sept. 30, from $3.20 bn a year earlier.


Facebook, Inc reported financial results for the quarter ended September 30, 2015.
The company posted 40.5 per cent jump in quarterly revenue. Revenue jumped to $4.50 bn in the third quarter ended Sept. 30, from $3.20 bn a year earlier. 
"We had a good quarter and got a lot done," said Mark Zuckerberg, Facebook founder and CEO. "We're focused on innovating and investing for the long term to serve our community and connect the entire world."
Third Quarter 2015 Other Financial Highlights
Mobile advertising revenue - Mobile advertising revenue represented approximately 78% of advertising revenue for the third quarter of 2015, up from 66% of advertising revenue in the third quarter of 2014.
Capital expenditures - Capital expenditures for the third quarter of 2015 were $780 million.
Cash and cash equivalents and marketable securities - Cash and cash equivalents and marketable securities were $15.83 billion at the end of the third quarter of 2015.
Free cash flow - Free cash flow for the third quarter of 2015 was $1.41 billion.

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