AdvertiseMint

The #1 Facebook Advertising Agency. 844-236-4686

  • Home
  • Services
    • Facebook Advertising Agency
    • Instagram Advertising Agency
    • Snapchat Advertising Agency
    • LinkedIn Advertising Agency
    • Spotify Advertising Agency
    • Google Ads Advertising Agency
    • Amazon Advertising Agency
    • Pinterest Advertising Agency
    • TikTok Advertising Agency
    • YouTube Advertising Agency
  • Pricing
  • Blog
    • Wiki
  • About
  • Contact
  • 844-236-4686
  • Get Started
You are here: Home / Uncategorized / Facebook’s Advertising Revenue Soars, According to Third Quarter 2017 Earnings Report

November 2, 2017

Facebook’s Advertising Revenue Soars, According to Third Quarter 2017 Earnings Report

November 2, 2017
Anne Felicitas
[bctt tweet=”@Facebook ‘s revenue soars says 3rd quarter 2017 earnings report. #investing #investornews #markzuckerberg” username=””]
Mark Zuckerberg speaking at F8 2017

Facebook’s earnings report, released yesterday, brings comfort at a time of tumult. According to the third quarter 2017 earnings report, Facebook’s active users and total revenue increased.

Third Quarter 2017 Financial Highlights

Total revenue: $10,328, an increase by $3,317, a 47 percent year-over-year change.
Daily active users: 1.37 billion as of September 30, 2017, an increase of 16 percent year-over-year.
Monthly active users: 2.07 billion as of September 30, 2017, an increase of 16 percent year-over-year
Mobile advertising revenue: 88 percent of advertising revenue for the third quarter of 2017, an increase of approximately 84 percent.

Facebook’s impressive earnings report comes as a great relief to the media company that has been facing a tough few months amid public outrage over the Russian ads hack. During the report, Facebook’s CEO Mark Zuckerberg assured listeners that he is determined to prevent future foreign interference.

“We’re serious about preventing abuse on our platforms. We’re investing so much in security that it will impact our profitability. Protecting our community is more important than maximizing our profits,” Zuckerberg said.

As Facebook grows so does its responsibilities, and it seems Zuckerberg is prepared to face them.

Comments

comments

Article by Anne Felicitas / Uncategorized / facebook, facebook advertising, facebook third quarter 2017 earnings report, invest, investing, investor news, investor relations, investors, mark zuckerberg, third quarter 2017 earnings report

About Anne Felicitas

Possessing five years of digital writing experience, Anne Felicitas is the blog editor of AdvertiseMint, a Facebook advertising agency that specializes in Facebook and Instagram ad management. Anne writes content and oversees a team of freelance writers and contributors, ensuring the AdvertiseMint blog regularly produces both short- and long-form content related to social media, marketing, and advertising.

Complete Guide to Facebook Targeting

Download our FREE Facebook guide with over 850 ad targeting options.

  • This field is for validation purposes and should be left unchanged.
Hear the Audiobook FREE on Audible

Posts by Network

  • Facebook
  • Twitter
  • LinkedIn
  • YouTube

Posts by Category

  • Hiring
  • Press Release

Popular Articles

social-media-video

How to Use Videos Effectively to Boost Conversions

tiktok-amazon-marketing

How to Use TikTok to Sell Amazon Products

ecommerce-changes-with-covid

How E-Commerce Needs to Adapt in a Post-COVID Economy

social-media-customer-service

How to Use Social Media to Drive Customer Retention

fomo-marketing

7 Great FOMO Marketing Tactics That Will Drive Sales

instagram-rooms

7 Ways to Use Instagram Live Rooms to Engage and Sell

how-to-drive-sales-using-facebook-messenger

How to Excite Customers and Drive Sales with Messenger

How Brands Use TikTok

TikTok Content Inspiration to Amplify Your 2021 Strategy

women-selling-on-amazon

How Women Are Winning on Amazon [Infographic]

facebook-marketing-partner-updates

Updates Announced for Facebook Partner Directory

AdvertiseMint

  • Home
  • About
  • Careers
  • Blog
  • Definitions
  • Programs
  • FAQ
  • Write for Us
  • Press
  • Sitemap

NEWSLETTER

Sign up for our weekly email on Facebook ads.

NEWSLETTER

Our Location

Certifications



advertisemint google partner     

7080 Hollywood Blvd, Hollywood, CA 90028       |       844-236-4686

Terms and Conditions | Privacy Policy | Cookie Policy
© 2021 AdvertiseMint All Rights Reserved.
This site uses cookies. Find out more.