Facebook’s ‘Good Quarter’: $6.3 Billion In Ad Revenue

by Danny Goodwin
Facebook’s advertising revenue skyrocketed to $6.2 billion, an amazing 63 percent increase compared to the same quarter last year, the company reported today. Facebook’s total Q2 2016 revenue hit $6.44 billion. Mobile was the biggest driver of Facebook’s advertising revenue, accounting for about 84 percent of that $6.2 billion. Last year, mobile ads accounted for 76 ...Read the full article