Facebook Reports $1.262B in Revenue for Q3 2012, Net Loss of $59M

Facebook today reported $1.262 billion in revenue for the third quarter ended Sept. 30, 2012 — a 32 percent increase from the $954 million reported in Q3 2011.

Revenue from advertising was $1.09 billion, representing 86 percent of total revenue and a 36 percent increase from the same quarter last year. Payments and other fees revenue for the third quarter was $176 million, a 13 percent increase over Q3 2011 and a 9 percent decline sequentially from the second quarter of 2012.

Monthly active users (MAUs) were 1.01 billion as of Sept. 30, 2012, an increase of 26 percent year-over-year. Daily active users (DAUs) were 584 million on average for September 2012, an increase of 28 percent year-over-year. Mobile MAUs were 604 million as of Sept. 30, 2012, an increase of 61 percent year-over-year.

Facebook is leaning hard on its early progress in mobile growth and monetization. “I’m […] really happy that over 600 million people now share and connect on Facebook every month using mobile devices,” Zuckerberg said in the earnings press release. “People who use our mobile products are more engaged, and we believe we can increase engagement even further as we continue to introduce new products and improve our platform. At the same time, we are deeply integrating monetization into our product teams in order to build a stronger, more valuable company.”

Via: Inside Facebook

Team TechPanda

Recent Posts

Try this simple fix if Siri keeps getting your name wrong

I’ve had an iPhone for ten years, and I love it. Unlike some people, I…

4 weeks ago

Nvidia, AI, and Bitcoin Take Center Stage in 2024 Tech Trends

This is the second-last edition of this year's "Tech, What the Heck!?" newsletter. To commemorate…

4 weeks ago

China and Vietnam’s Digital Harmony: The Formula for Tech Complacency

Imagine you’re a fish who’s given up on the idea that a fishing net is…

1 month ago

Cybersecurity in the age of Digital Transformation 

The intersection of opportunity and vulnerability has never been more pronounced in today’s era where…

1 month ago

How partnerships are driving a new era of dynamism for the global tech industry 

Although Europe’s tech sector has helped to deliver solutions that span the breadth from fintech…

1 month ago

Middle managers are drowning, but AI offers a multifaceted solution

With AI rapidly transforming the workplace, the role of middle managers has never been more…

1 month ago