MENLO PARK, California — Facebook, Inc. (Nasdaq: FB) reported their financial results for the quarter ended June 30, 2018. Company shares plunged 19% on Thursday after executives warned that revenue growth would slow as the company focuses on user privacy.
“Our community and business continue to grow quickly,” said Mark Zuckerberg, Facebook founder and CEO. “We are committed to investing to keep people safe and secure, and to keep building meaningful new ways to help people connect.”
Second Quarter 2018 Operational and Other Financial Highlights
- Daily active users (DAUs) – DAUs were 1.47 billion on average for June 2018, an increase of 11% year-over-year.
- Monthly active users (MAUs) – MAUs were 2.23 billion as of June 30, 2018, an increase of 11% year-over-year.
- Mobile advertising revenue – Mobile advertising revenue represented approximately 91% of advertising revenue for the second quarter of 2018, up from approximately 87% of advertising revenue in the second quarter of 2017.
- Capital expenditures – Capital expenditures for the second quarter of 2018 were $3.46 billion.
- Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $42.31 billion at the end of the second quarter of 2018.
- Headcount – Headcount was 30,275 as of June 30, 2018, an increase of 47% year-over-year.
