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Facebook Q2 net income $2.06 billion

Staff Writer |
Facebook Q2 net income was $2.06 billion, or 71 cents a share, compared with $719 million or 25 cents per share a year ago.

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Earnings per share, excluding certain expenses, were 97 cents a share, compared with 50 cents on that basis a year earlier.

Revenue rose 59% to $6.43 billion, up from $4.04 billion during the same period a year earlier and compared with the average analyst estimate of $6.02 billion.

About 1.71 billion people now access Facebook at least once a month, up 15% from a year ago. More than 1.1 billion people access the site and app every day, up 17%.

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