Facebook smashes profit reports, earns record numbers in 2015

Facebook earned $13.54 for every user on its social network, posting $17.93 billion revenue in 2015.

@smithymayo
Published Thu, Jan 28 2016 8:32 AM CST   |   Updated Tue, Nov 3 2020 12:01 PM CST

Earning an incredible $13.54 for each user on its social network (last quarter alone), Facebook's revenue has soared up by 52 percent in 2015 in a year over year analysis, reports The Verge.

Facebook smashes profit reports, earns record numbers in 2015 | TweakTown.com

Posting earnings of $2.69 billion on $17.93 billion in revenue over the course of 2015, Facebook has expressed a 44 percent revenue increase from the previous year in a recent announcement. In addition to these results, this social networking giant reported that 1.04 billion people use Facebook on a daily basis, posting a 17 percent increase from 2014.

Mark Zuckerberg, CEO, stated that "Our community continued to grow and our business is thriving. We continue to invest in better serving our community, building our business, and connecting the world," saying that "2015 was a great year for Facebook" which is backed up by these impressive results.

NEWS SOURCE:theverge.com

I'm a competitive gamer and was an eSports employee. Recent changes have seen me hang up the mouse and move over to the technology world, covering all news for TweakTown, ranging from gaming news to opinion articles and the latest tech releases. Expect to see a few different articles on international eSports news and competitive game releases, as well as audio and mobile device content.

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