Facebook has exceeded analyst estimates and recorded a whopping $4.5B in revenue for Q3, 2015. The social network reported a 41% year-over-year increase in revenues.
Giving insights about the user base Facebook revealed that it has 1.55 billion monthly active users as of September 30, 2015, an increase of 14% year-over-year. The social network said that it has 1.01 billion daily active users on average for September 2015, an increase of 17% year-over-year. Mobile DAUs were 894 million an increase of 27% year-over-year while Mobile MAUs were 1.39 billion, an increase of 23% year-over-year.
“We had a good quarter and got a lot done. We’re focused on innovating and investing for the long term to serve our community and connect the entire world.”
said Mark Zuckerberg, Facebook founder and CEO
Mobile advertising continues to represent much of what Facebook gets, generating 78 percent of advertising revenue for the third quarter of 2015, up from 66% of advertising revenue in the third quarter of 2014. Facebook also said that it now has 8 billion video views per day that double the 4 billion daily views the company reported in April. Those views come from the 500 million users who are watching videos every day.