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Facebook revenues lift 26% in Q1 but profit hit by legal expenses

2019-04-25 08:52:00| Telecompaper Headlines

(Telecompaper) Facebook continued its upward rise in the first quarter, with revenues advancing 26 percent from the year before to USD 15.077 billion. Advertising revenue made up the bulk of the total, and was also up 26 percent, to USD 14.912 billion. Mobile advertising revenue made up 93 percent of that figure, from 91 percent the year earlier. 

Tags: legal hit profit expenses

Category:Telecommunications

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