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Facebook-Reports-Second-Quarter-2016-Results.pdf

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View all Press Releases Facebook Reports Second Quarter 2016 Results July 27, 2016 Download this Press Release (PDF 716 KB) MENLO PARK, Calif., July 27, 2016 /PRNewswire/ -- Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended June 30, 2016. "Our community and business had another good quarter," said Mark Zuckerberg, Facebook founder and CEO. "We're particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services." Second Quarter 2016 Financial Highlights* Year-over- Three Months Ended June 30, Year % In millions, except percentages and per share amounts 2016 2015 Change Revenue: Advertising $ 6,239 $ 3,827 63% Payments and other fees 197 215 (8)% Total revenue 6,436 4,042 59% Total costs and expenses 3,690 2,769 33% Income from operations $ 2,746 $ 1,273 116% Operating margin 43% 31% Provision for income taxes 711 Effective tax rate 26% Net income $ 2,055 $ 719 186% Diluted Earnings per Share (EPS) $ 0.71 $ 0.25 184% * The information in the Second Quarter 2016 Financial Highlights table is presented in accordance with generally accepted accounting principles in the United States (GAAP). For non-GAAP financial information, see the table below titled "Reconciliation of GAAP to Non-GAAP Results." Second Quarter 2016 Operational Highlights Daily active users (DAUs) – DAUs were 1.13 billion on average for June 2016, an increase of 17% year-over-year. Mobile DAUs – Mobile DAUs were 1.03 billion on average for June 2016, an increase of 22% year-over-year. Monthly active users (MAUs) – MAUs were 1.71 billion as of June 30, 2016, an increase of 15% year-over-year. Mobile MAUs – Mobile MAUs were 1.57 billion as of June 30, 2016, an increase of 20% year-over-year. Second Quarter 2016 Other Financial Highlights Mobile advertising revenue – Mobile advertising revenue represented approximately 84% of advertising revenue for the second quarter of 2016, up from approximately 76% of advertising... Read more↗

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