Facebook posted second quarter earnings of 97 cents per share on revenue of $6.44 billion. Analysts were looking for 82 cents on sales of $6.02 billion. Last year, Facebook earned 50 cents on sales of $4.04 billion in its second quarter. As for details, daily active users were 1.13 billion on average for June 2016, an increase of 17% year-over-year. Mobile users were 1.03 billion on average for June 2016, an increase of 22% year-over-year. Mobile represented 84% of advertising revenue for the second quarter of 2016, up from 76% last year.
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