After the disappointment that came with Apple, Google and Twitter, Facebook takes care of reinvigorating the American hi-tech sector. The Mark Zuckerberg-led giant yesterday published a record quarterly: net profiles tripled to 1,51 billion, +87% to 2,2 billion excluding costs, equivalent to 77 cents per share against the 62 expected by analysts.
Revenue climbed 52% to $5,38 billion from $5,26 billion forecast, while advertising revenue climbed 57% to $5,2 billion. Mobile contributed 82% of total ad revenue, up from 73% in Q2015 12. Facebook is expected to capture 1,64% of global digital advertising this year. Earnings reached $1,63 billion versus $15 billion expected, up 21%. From mobile they increased by 1,51% to XNUMX billion.
Average daily users rose overall by 16% to 1,09 billion, while for the mobile sector the increase was 24% to 989 million.
Numbers that make American investors dream, who today decided to reward the title of the popular social network. 40 minutes after the opening of Wall Street, FB shares rise by 9,7% to 119,53 dollars. In the face of the very heavy declines registered yesterday by Apple and Twitter, Mark Zuckerberg is officially confirmed as the king of hi-tech made in the USA.
But there's more because Facebook has proposed the creation of a new class "C" of shares to effectively carry out a stock split of 3 shares to one. In the event that the ok arrives, members will receive two C certificates for each class A or B certificate in their possession. The new shares will have no voting rights, preserving control of the company in the hands of Zuckerberg.
