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Facebook's Q1 earnings leap 52% to hit $5.4bn

on Apr 27, 2016 | 0 comments

By Ronan Shields

Facebook announced a 52 per cent annual leap in earnings during the last quarter amounting to $5.4bn, with revenues from mobile advertising accounting to 82 per cent of its total takings for the quarter.

The social network’s total monthly active users (MAUs) were 1.65 billion as of the end of the reporting period (March 31, 2016), equating to an increase of 15 per cent year-on-year, with mobile MAUs totalling 1.51 billion during the same period, representing a 21 per cent year-on-year increase.

Daily active users (DAUs) were 1.09 billion on average for during the same month, an increase of 16% year-over-year, according Read full story ›

Source: The Drum