Todd Spangler NY Digital EditorIn the tech world, the big keep getting bigger.Facebook’s revenue for the second quarter of 2021 jumped 56%, to $29.08 billion, while its net profit doubled to $10.4 billion — utterly smashing analyst expectations.For Facebook, daily active users were 1.91 billion on average in June, up 7% year over year.
DAUs across all of the company’s apps — Facebook, Instagram, WhatsApp and Messenger — averaged 2.76 billion for the month of June, up 12%.Click here to sign up for Variety’s free Media Earnings newsletter.The social media company posted earnings per share of $3.61.
On average, Wall Street analysts predicted Q2 revenue of $27.82 billion and EPS of $3.02, per Refinitiv data. “We had a strong quarter as we.
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