Data Analytica effect, Facebook misses estimates on monthly active users

Net income attributable to Facebook shareholders rose to USD 5.11 bn, or USD 1.74 per share

Facebook Inc fell short of analysts' estimates for monthly active users on Wednesday, months after the social network became embroiled in a data scandal that affected millions of its users.

The company said monthly active users rose to 2.23 billion, compared with estimates of 2.25 billion, according to Thomson Reuters I/B/E/S.

Net income attributable to Facebook shareholders rose to $5.11 billion, or $1.74 per share, in the second quarter ended June 30 from $3.89 billion, or $1.32 per share, a year earlier.

Total revenue rose 41.9 percent to $13.23 billion. (Reporting by Munsif Vengattil in Bengaluru and Paresh Dave in San Francisco; Editing by Anil D'Silva)

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