Facebook profit triples for the first Quarter

Facebook profit triples for the first Quarter
Shares

SAN FRANCISCO: (APP) Facebook profit triples for the first Quarter.

 

Facebook on Wednesday reported that its quarterly profit tripled to $1.5 billion as the ranks of people using the leading social network continued to climb.

 

Profit soared as revenue in the recently ended quarter jumped to $5.4 billion from $3.5 billion in the same period a year earlier. "We had a great start to the year," said Facebook co-founder and chief executive Mark Zuckerberg .

 

More from this category