Facebook’s net revenues increased by 1.6-fold to $4.988 billion in the first quarter of 2018.
The assets soared 29.44 percent to $88,945,000,000, liabilities increased by 73.54% to $11,325,000,000, revenues from ads surged 1.5-fold to $11,795,000,000.
Revenues from operations ascended 15.82% to $5,449,000,000.
As of April 1, 2018, number of active users reached 1,045,000,000 people, up 13% in comparison to a year earlier.