FB announces revenue for its second quarter, $ 2.91 billion

MENLO PARK, USA: Facebook, Inc. has announced its financial results for the quarter ended June 30, 2014.

Mark Zuckerberg, Facebook founder and CEO, said: "We had a good second quarter. Our community has continued to grow, and we see a lot of opportunity ahead as we connect the rest of the world."

Second Quarter 2014 Operational Highlights

• Daily active users (DAUs) were 829 million on average for June 2014, an increase of 19 percent year-over-year.

• Mobile DAUs were 654 million on average for June 2014, an increase of 39 percent year-over-year.

• Monthly active users (MAUs) were 1.32 billion as of June 30, 2014, an increase of 14 percent year-over-year.

• Mobile MAUs were 1.07 billion as of June 30, 2014, an increase of 31 percent year-over-year.

Revenue for the second quarter of 2014 totaled $2.91 billion, an increase of 61 percent, compared with $1.81 billion in the second quarter of 2013.

Revenue from advertising was $2.68 billion, a 67 percent increase from the same quarter last year.

Mobile advertising revenue represented approximately 62 percent of advertising revenue for the second quarter of 2014, up from approximately 41 percent of advertising revenue in the second quarter of 2013.

For the second quarter of 2014, GAAP income from operations was $1.39 billion, up 147 percent compared to $562 million in the second quarter of 2013. GAAP operating margin was 48 percent for the second quarter of 2014, compared to 31 percent in the second quarter of 2013.

The free cash flow for the second quarter of 2014 was $872 million.