Facebook’s second-quarter net profit of $333 million Compared with the turnround

Beijing time on July 25, according to foreign media reports, the world’s biggest social networking site Facebook today released the company as of June 30, 2013 in the second quarter earnings. Results show that Facebook in the second quarter on revenue of $1.813 billion, $1.184 billion than the same period last year increased by 53%; Net profit of $333 million, for a net loss of $157 million over the same period of last year.

results show that because of the Facebook social networking service attracts more advertisers to use a mobile service, Facebook’s second-quarter revenue and profits are both over the industry analysts’ expectations. Is affected by this, the muscle after trading in the set, Facebook shares present a sharp rise in momentum.

The second quarter performance profile

:

– Facebook in the second quarter on revenue of $1.813 billion, more than $1.184 billion over the same period last year increased by 53%, 16.2 also exceeded analysts’ estimates.

– Facebook are measured in accordance with us gaap in the second quarter operating profit of $562 million, for operating losses of $743 million over the same period last year. Do not count towards the equity incentives and the related payroll tax expenditure is not measured in accordance with us gaap operating profit of $794 million, for operating profit of $515 million over the same period last year.

– Facebook in the second quarter are measured in accordance with us gaap operating margins of 31%, operating profit minus 63% over the same period last year. Do not count towards the equity incentives and the related payroll tax expenditure is not measured in accordance with us gaap operating margins of 44%, up from 43% a year ago.

– Facebook are measured in accordance with us gaap in the second quarter net profit of $333 million, for a net loss of $157 million over the same period last year. Do not count towards the equity incentives and the related payroll tax expenditure is not measured in accordance with us gaap net income was $488 million, in the same period last year net profit of $295 million.

– Facebook are measured in accordance with us gaap in the second quarter of the American depositary receipts diluted earnings per share of $0.13 during the same period last year American depositary receipts diluted loss per share to $0.08. Do not count towards the equity incentive spending and phase locked payroll tax expenditure is not measured in accordance with us gaap’s American depositary receipts diluted earnings per share is $0.19, $0.12 over the same period of last year, also exceeded the industry analysts expect $0.14.

in the second quarter operating points:

– as of June 30, 2013, Facebook monthly active users (MAU) for 1.15 billion people, 21% more than last year.

– as of June 30, 2013, Facebook daily number of active users (DAU) for 699 million people, 27% more than last year.

– as of June 30, 2013, Facebook mobile business monthly number of active users was 819 million, 51% more than last year. Mobile business daily average of 469 million active users.

in the second quarter financial analysis:

revenue:

Facebook in the second quarter on revenue of $1.81 billion, more than $1.18 billion over the same period last year increased by 53%.

the second quarter from the Facebook advertising revenue of $1.6 billion, as a proportion of the total revenue in the quarter was 88%, and 61% more than last year. The second quarter from Facebook mobile advertising revenue occupied about 30% of the company’s advertising revenue.

Facebook in the second quarter to pay and other fees revenue of $214 million, compared with the same period last year increased by 11%.

costs and expenses:

Facebook in the second quarter are measured in accordance with us gaap and the cost of spending $1.25 billion, down 35% than the same period last year. Do not count towards the equity incentives and the related payroll tax expenditure is not measured in accordance with us gaap costs and expenses of $1.02 billion, more than $669 million over the same period last year increased by 52%.

operating profit:

Facebook are measured in accordance with us gaap in the second quarter operating profit of $562 million, for operating losses of $743 million over the same period last year. Do not count towards the equity incentives and the related payroll tax expenditure is not measured in accordance with us gaap operating profit of $794 million, more than $515 million over the same period last year increased by 54%.

operating margins:

Facebook in the second quarter are measured in accordance with us gaap operating margins of 31%, operating profit minus 63% over the same period last year. Do not count towards the equity incentives and the related payroll tax expenditure is not measured in accordance with us gaap operating margins of 44%, operating margins of 43% over the same period last year.

income tax expenses

Facebook in the second quarter are measured in accordance with us gaap income tax expenditure of $212 million, effective rate is 39%.

net profit:

Facebook in the second quarter are measured in accordance with us gaap net income was $333 million, for a net loss of $157 million over the same period last year. Not included in the equity incentives and the related payroll tax expenditure is not measured in accordance with us gaap net income of $488 million, compared with the same period last year is not measured in accordance with us gaap net profit of $295 million increased by 65%.

the second quarter are measured in accordance with us gaap Facebook’s American depositary receipts diluted earnings per share of $0.13 per share over the same period of last year diluted loss of $0.08; Not included in the equity incentives and the related payroll tax expenditure is not measured in accordance with us gaap’s American depositary receipts diluted earnings per share of $0.19, $0.12 over the same period last year.

Capital spending:

Facebook capital spending in the second quarter was $268 million, compared with the same period last year fell 35%.

cash and securities:

as of June 30, 2013, Facebook, the amount of cash and convertible securities totaled $10.3 billion.

share price performance:

in the American market regular trading on Wednesday, Facebook shares rose $0.38, $26.51, up 1.45%; After released the results (were) in after-hours trading, Facebook and shares rose $5.16, to $31.67, rose as high as 19.46%. In the last 52 weeks, Facebook lowest price is $17.55, the highest price is $32.51. Facebook’s current market value of about $64.1 billion.

source: tencent technology