facebook earnings jump to 642m on 72 revenue gain
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Facebook earnings jump to $642m on 72% revenue gain

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Arab Today, arab today Facebook earnings jump to $642m on 72% revenue gain

New York - AFP

Facebook profits jumped to $642 million in the first quarter on a 72 percent surge in revenues, helped by gains in mobile users and mobile advertising, the company reported Wednesday. Advertising revenues were up 82 percent from a year ago, and earnings from mobile ads comprised 59 percent of that, compared with 53 percent in the fourth quarter of last year.

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