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Facebook Q1 Revenue up 26pct to $15.08 Billion

8:46 am on Apr 25, 2019 (gmt 0)

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Facebook has reported Q1, 2019, revenues up 26%, Year-on-Year, to $15.08 billion.

According to the figures, it had 2.38 billion monthly active users for the quarter, and 1.56 billion daily active users. The company estimates it has 2.1 billion people using Facebook, Instagram, WhatsApp, or Messenger.

A cloud on the horizon is the $3.0 billion set aside for the legal expense related to the currently ongoing U.S. Federal Trade Commission (FTC).