US News! Facebook Reports 60% Increase in Third-Quarter Revenue

Facebook's third-quarter revenue this year reached $2.02 billion, a 60% increase year-over-year, exceeding analysts' forecasts. Over 89% of total revenue came from advertising, with mobile advertising accounting for 49% of the total (compared to 14% in the same period last year).
In September, average daily mobile active users reached 507 million, while monthly active users hit 874 million, a 45% increase from last year.

Details at AdAge→ http://bit.ly/1cnlX10
Facebook's Ad Business Is Doing Great, But Teen Engagement Is Becoming a Problem
Total Revenue Grew 60% to $2.02 Billion, Exceeding Expectations
Published: October 30, 2013