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Facebook edges close to 2 billion monthly users

Facebook should reach 2 billion monthly users this year

By Anthony Garreffa on Feb 2, 2017 07:31 pm CST - 0 mins, 25 secs reading time

During their Q4 earnings report, Facebook announced that it is growing its revenue and user base well, with profits also diving into their lap.

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Facebook reported $8.8 billion in revenue, with $3.56 billion in profits - with 1.23 billion using Facebook daily, and 1.15 billion logging in with mobile devices per day. Analysts had pegged the social network with $8.51 billion revenue, so Facebook beat that - with revenue growth of 51% year-over-year.

At this rate of growth, Facebook should reach 2 billion monthly users in the next few months.

Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games to be built around consoles. With FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with high-end, custom-built PCs. His addiction to GPU technology is unwavering, and with next-gen NVIDIA GPUs about to launch alongside 4K 144Hz HDR G-Sync gaming monitors and BFGDs (65-inch 4K 120Hz HDR G-Sync TVs) there has never been a time to be more excited about technology.

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