Total Facebook revenue rose
to $5.4bn from $3.5bn while daily active users hit 1.1 billion on average in
March - up 16% - with those using mobile devices nearing the one billion mark
at 989 million.
That represented an
increase of 24%, Facebook said, adding that it was also making more from mobile
ad revenues.
Shares in Facebook soared
to record highs for the company in after-hours trading after its latest
financial results smashed expectations, with profits rising threefold.
The first quarter numbers
beat analysts' forecasts in all the key metrics with the social network, also
behind Instagram, reporting net profits of $1.5bn compared to over $500m in the
same period last year.
Facebook founder Mark
Zuckerberg told investors: "We had a great start to the year.
"We're focused on our
10-year roadmap to give everyone in the world the power to share anything they
want with anyone."
Included in that is a focus
on areas such as live video and virtual reality but also evolution in the ways
we communicate.
Zuckerberg said earlier
this month that artificial intelligence "chat-bots" could be the
future of online interaction.
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