Facebook today reported its first quarter 2013 results. The company reported a profit of $219 million for the first quarter, as compared with a profit of $205 million, or diluted earnings per share of 9 cents. Revenue for the quarter rose to $1.46 billion from $1.06 billion while adjusted profit was 12 cents a share. Mobile ad revenue now accounted for 30% of total advertising revenue.
“We’ve made a lot of progress in the first few months of the year,” said Mark Zuckerberg, Facebook founder and CEO. “We have seen strong growth and engagement across our community and launched several exciting products.”
Highlights:
- Daily active users (DAUs) were 665 million on average for March 2013, an increase of 26% year-over-year.
- Monthly active users (MAUs) were 1.11 billion as of March 31, 2013, an increase of 23% year-over-year.
- Mobile MAUs were 751 million as of March 31, 2013, an increase of 54% year-over-year.
