Facebook reports $1.81 billion in revenue, 1.15 billion monthly active users

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Facebook saw its revenue grow year-over-year in its Q1 earnings reported in May, and that trend has continued for its second quarter. The company has just announced that it's pulled in $1.81 billion in revenue for Q2, beating analysts' expectations, while net income stood at $333 million. Of course, much of that money comes from ads: Facebook says that revenue from advertising now represents 88 percent of its total revenue, and that mobile advertising accounted for about 41 percent of its total advertising revenue for the quarter. Mark Zuckerberg highlighted that last bit in a statement, saying that "the work we've done to make mobile the best Facebook experience is showing good results and provides us with a solid foundation for the future."
In other numbers, Facebook also reported that it has 1.15 billion monthly active users as of June 30th, while its daily active users stood at 669 million. Mobile users were again its biggest growth area, with 819 million users actively checking in on their mobile devices each month (up 51 percent compared to the same quarter in 2012), and 469 million active on a daily basis. We'll keep you posted on any additional developments that may come out of the company's earnings call in the next hour.
Update: Zuckerberg and co. didn't have much additional news to offer during the earning's call, although he did comment briefly on Facebook Home, which he described as a "seed we're planting," and something to look at over the long term.

Panasonic's 2013 Q1: things are looking up with a $164 million profit

Panasonic's financial year runs from summer to summer, so its first-quarter results for 2013 just hit the wire. The figures proudly show that the company has managed to turn around the losses it suffered so badly in the previous period -- with $23 billion in turnover generating a tidy profit of $164 million. While sales dropped by six percent compared to the first three months of the year, it's been reducing fixed costs and restructuring each segment of the business to ensure a return to profit making despite the worsening financial crisis in Europe. The company's even been able to stick some cash into the savings account, tucking $16.6 million into the piggy bank for a rainy day.

Toshiba slips into the red as latest earnings reveal $153 million loss

Toshiba's most recent fiscal results (the first of its 2012 financial year) show that while the company pulled in $16 billion in turnover, it slumped to a $154 million loss for the last three months. While its "social infrastructure" unit (power plants, LED light bulbs and radiation detectors) generated a $107 million profit, the consumer electronics and white-goods sectors continued to lose sales. The company attributes the loss to further restructuring costs as well as pointing an accusatory digit toward the European financial crisis and concerns about power generation capacity in Japan. Despite the gloom, the company says that it still expects to hit a target of $81 billion turnover and $3.8 billion profit before March 2013.