Facebook Inc. one of the best known success stories in the social networking business.
Lets get a quick peek into the earnings of Facebook in this quarter as compared to the others in this financial year. The year opened with a $1000 million revenue in the first quarter. In comparison Q2shows a growth with a total revenue of $1184 million.
In terms of revenue growth the graph shows a downward trend this quarter. The net revenue in this quarter as compared to that of last year shows an increase of $10 million.
In terms of monthly users added, the total number of active users enrolled with Facebook is put at 955 millions as compared to 739 millions last year.
The stocks of Facebook have been trailing at $25 per share this quarter as compared to the $42 mark in the last quarter.