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Wireless

Facebook revenue jumps 52% in Q4

Wednesday 27 January 2016 | 22:48 CET | News
Facebook reported fourth-quarter revenues up 52 percent year-on-year to USD 5.84 billion, led by continued strong growth in mobile advertising. Mobile accounted for 80 percent of ad revenue in the quarter, up from 69 percent a year earlier. The company generated a net profit of USD 2.27 billion or USD 0.79 per share, up from USD 1.52 billion or USD 0.54 per share a year earlier. After free cash flow of USD 2.14 billion in the quarter, Facebook ended 2015 with USD 18.43 billion in total cash. 

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Categories: Internet / Mobile & Wireless
Companies: Facebook
Countries: World
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