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Facebook edges close to 2 billion monthly users

Facebook should reach 2 billion monthly users this year
By Anthony Garreffa from Feb 2, 2017 @ 19:31 CST

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.



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