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Facebook reports $4.9 billion net income in Q1 2018, up 63% YoY; 2.20 billion monthly active users

Facebook has revealed financial results for Q1 2018. The company has generated a total revenue of $4,988 million, an increase of 63%  year-over-year. It has reported the quarterly GAAP net income at $11,666 million compared to the $8,032 million same quarter last year. The GAAP diluted EPS was reported at $1.69 compared to the $1.04 in 2017. The company has reported daily active users of 1.45 billion on average for Marc2018, which is an increase of 13% year-over-year. As for Monthly active...
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http://www.fonearena.com/blog/250796/facebook-q1-2018-revenue.html

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