Facebook has reported revenues of almost $16.9 billion, up 28% Year-on-Year.
Clearly, a strong financial performance, even taking into account a $2 billion legal expense in an FTC settlement.
Facebook is still showing growth in Daily active users, up 8% Y-o-Y, although, I wonder how much of that is legitimate and not some of the scammers. [webmasterworld.com
Previous Facebook Q1 Revenue up 26pct to $15.08 Billion