Facebook just released its earnings for the first quarter, with revenue of $2.50 billion, up 72% year-over-year.  Revenue from advertising was $2.27 billion, up 82% over that time.

Daily active users were 802 million as of last month, up of 21% year-over-year. That’s 609 million on mobile (up 43%). Monthly active users were1.28 billion as of the end of March, up 15% year-over-year. Mobile MAUs were 1.01 billion, up 34%.

ZuckerbergCEO Mark Zuckerberg said, “Facebook’s business is strong and growing, and this quarter was a great start to 2014. We’ve made some long term bets on the future while staying focused on executing and improving our core products and business. We’re in great position to continue making progress towards our mission.”

Source:  Webpronews