Fri. Apr 10th, 2020

Facebook earns 15,230 million dollars until September, 30% more

Facebook earns 15,230 million dollars until September, 30% more

The social network Facebook achieved between January and September 2018 a net profit of 15.230 million dollars, 30% more compared to the same period of the previous year, when it achieved 11.665 million.

Revenues amounted to 38,924 million dollars, which is 41% more than in the same period of 2017, in which it obtained 27,681 million.

The company is under great pressure from politicians and members of civil society to prevent the spread of false news in the legislative elections to be held next week in the US and not to repeat what happened in the election campaign of 2016 .

In the first nine months of the fiscal year, the shareholders of the most used social network in the world earned $ 5.20 per share, compared to the 3.95 that were registered in the same tranche of the previous year.

Profits before taxes in this same period amounted to 17,390 million.

Facebook estimates that more than 2.600 million people worldwide use the social network or any of the applications they own (WhatsApp, Instagram and Messenger) at least once a month, and that more than 2,000 million are connected to at least one of them every day.

"Our community and our business continue to grow rapidly, we are creating the best services for private messaging and stories, and there are great opportunities for us in video and commerce," co-founder and CEO of the company Mark Zuckerberg said in a statement. .

Regarding the quarterly results, in which most analysts today posted on Wall Street, Facebook won 5,137 million in the summer months, 9% more than the 4,707 corresponding to the summer period of the previous year.

Between July and September, the owners of shares of the Californian company earned $ 1.76 per share (1.59 in 2017) and the company billed $ 13,539 million (almost all from advertising), 33% more than in the same period last year.

Of the total revenue from advertising this past quarter, 92% had their origin in applications for mobile phones.

Wall Street received with satisfaction the results of Facebook, whose shares were revalued by 1.91% to $ 148.80 in electronic transactions after the closing of the New York switchboards.


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