This article
was originally published by Seeking Alpha on May 11, 2014
By Sarfaraz
A. Khan. Research Asst Raza B.
Facebook has reported significant
growth in user base, market share, revenues and earnings
The company is becoming more
profitable due to effective management.
The company has undertaken major
acquisitions that could diversify its revenue base and fuel its growth.
The social
networking giant Facebook (FB) is doing everything
right. The company is adding millions of users each month, is eyeing one-fifth
of the global mobile ad market, has a good track record of consistent revenue
and earnings growth and is investing heavily in its future. Yet the company's
stock has fallen by 11% in the last three months due to the ongoing concerns
regarding the technology bubble.
User base
Facebook's
user base continues to grow at a robust pace due to the strong growth in
mobile.
In the first quarter of
2014, Facebook reported a 21% increase in daily active users (DAUs) from last
year to 802 million while mobile DAUs increase by 43% to 609 million.
The mobile
monthly active users (MAUs) have crossed a 1 billion mark through a 34%
year-over-year growth. The number of total MAUs has increased by 15% to 1.28
billion, and this does not include more than 200 million MAUs at Instagram.
More
Mobile
The company's
quarterly revenues increased by 72% from last year to $2.50 billion, driven by
82% growth in advertising revenues to $2.27 billion. Most of these advertising
revenues, 59%, came from mobile. This shows that Facebook has become
significantly more pro-mobile, as in the …. Read full article at Seeking Alpha
