FB: Facebook's (FB +0.3%) U.S. mobile engagement...

4:00 PM Facebook's (FB +0.3%) U.S. mobile engagement continues to grow: comScore estimates U.S. smartphone users spent 225.4B minutes on Facebook in Q2, more than twice the 111.4B estimated for Q2 2012. Growth has slowed from last year's rapid pace, but is still healthy: minutes rose 9.3% M/M in May (aided by an extra day), and 5.8% M/M in June (in spite of one less day). Facebook claimed 751M mobile monthly users worldwide at the end of Q1 (+10% Q/Q and +54% Y/Y); a decent number of them use feature phones. Q2 results arrive tomorrow. (JPMorgan comScore note) Read comments

FB price at time of publication: $26.13. Check FB price now »

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Transcripts on FB

• Facebook's CEO Discusses Q1 2013 Results - Earnings Call Transcript
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