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A few details from Facebook’s Q2 earnings report and conference call

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Jul 24, 2014
This article is part of a series called News & Trends.

Facebook held a quarterly earnings call yesterday. For those interested, the Wall Street Journal has provided a complete recap of the call. Our more financially minded readers can view more details on the Facebook investor relations page. If you’re too busy to read the entire recap, here are some important takeaways.

1) Facebook search is a “multiyear voyage.” The indexing of content on Facebook is still under way and will continue to develop. For a complete summary of the conversation about Facebook search see this post on Search Engine Land.

2) More than 1 billion searches are conducted on Facebook each day.

3) Facebook has 829 million daily active users and 1.32 billion monthly active users. See this post at InsideFacebook.com for all of the numbers.

4) The “save” feature wasn’t discussed in great detail, but it’s definitely something you should be aware of. Basically, it allows users to save posts they want to read at a later time.

This article is part of a series called News & Trends.
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