Facebook Second Quarter 2013 Highlights: $1.25 billion of GAAP costs and expenses.
The multi-screens and Facebook for Every Phone, approach generates progressively its fruits. As voiced by Zuckerberg, Facebook founder and CEO, "The work we've done to make mobile the best Facebook experience is showing good results and provides us with a solid foundation for the future.", Connectikpeople has nabbed for this second Quarter 2013:
Daily active users (DAUs) were 699 million on average for June 2013, an increase of 27% year-over-year.
Monthly active users (MAUs) were 1.15 billion as of June 30, 2013, an increase of 21% year-over-year.
Mobile MAUs were 819 million as of June 30, 2013, an increase of 51% year-over-year.
Mobile DAUs were 469 million on average for June 2013.
Regarding the recent Business Highlights, Facebook has generated surpassed 1 million active advertisers on Facebook, driven by significant growth in local businesses.
Financial Highlights indicate that, revenue for the second quarter of 2013 totaled $1.81 billion, an increase of 53%, compared with $1.18 billion in the second quarter of 2012.
Revenue from advertising was $1.60 billion, representing 88% of total revenue and a 61% increase from the same quarter last year.
Mobile advertising revenue represented approximately 41% of advertising revenue for the second quarter of 2013.
Payments and other fees revenue was $214 million for the second quarter of 2013, an increase of 11% from the same quarter last year.
Finally GAAP costs and expenses for the second quarter of 2013 were $1.25 billion, a decrease of 35% from the second quarter of 2012.