Facebook Hits 1.88 Billion Daily Active Users, 2.85B Monthly Actives In Q1; Ad Sales Surge As Co. Shrugs Off Lawsuits, Heat From Congress, War With Apple
Facebook hit 2.85 billion monthly active users, or MAUs, last quarter (up 10%) and 1.88 billion daily users (up 8%) as ad-driven revenue surged 48% to $26.2 billion, crushing forecasts.
Earnings per share of $3.30 — up 93% – were also a beat as the social media giant’s advertising muscle powers through the cloud of…
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