The revenue of Facebook increased by 37%

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Выручка Facebook выросла на 37%The price of Facebook shares in electronic trading after the close of the main session on Wednesday rose by 11.5%.

The net profit of the world’s largest social network Facebook by the end of 2018 increased by 39% compared with the previous year to 22.1 billion dollars. This is stated in a press release on Thursday, January 31.

Earnings per share amounted to 7.57 5.39 dollar against the us dollar in January-December 2017. Revenue grew 37%, to 55.8 billion.

Facebook’s net profit for the fourth quarter amounted to 6.9 billion dollars, an increase of 1.6 times from the figure for the same period in 2017. Earnings per share for the quarter amounted to 2.38 1.44 against the dollar the dollar a year earlier. Revenue for the quarter increased 30% to 16.9 billion dollars.

Quarterly of social network revenue from advertising amounted to 16.6 billion dollars, which is 30% higher than the rate of the fourth quarter of 2017. Revenue from advertising on mobile devices by the end of this period amounted to about 93% of total revenues compared to 89% in the same period of 2017.

The number of daily active users of the social network in December 2018 increased by 9% in annual terms and amounted to 1.52 billion people. The number of active users for December rose in annual terms also by 9% to 2.32 billion

The price of Facebook shares in electronic trading after the close of the main session on Wednesday rose by 11.5%.

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