Facebook’s Q1 results – mobile drives growth

The social media giant's revenues increased by 38% year on year to $1.46bn.

Facebook’s user numbers continue to grow.  The company’s latest figures show an increase in daily and monthly active users.  There has also been a significant increase in mobile usage – active monthly mobile users are up 54% on the same period last year.

Mobile advertising now represents 30% of the total revenue.

Source: WSJ Blog.