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Facebook Revenue Surges 41%, as Ads and Users Keep Growing

Facebook Revenue Surges 41%, as Ads and Users Keep Growing

It takes money, the adage goes, to make money. And Facebook is spending a lot of dollars to do just that.

The social media giant on Wednesday posted another quarter of robust revenue growth — up 41 percent in the third quarter from a year earlier, to $4.5 billion — fueled by its mobile advertising business and an increase in daily users. Net profit rose to $896 million, up 11 percent from a year ago.

 

Facebook Revenue Surges 41%, as Ads and Users Keep Growing

Facebook Revenue Surges 41%, as Ads and Users Keep Growing

Facebook Revenue Surges 41%, as Ads and Users Keep Growing

Facebook Revenue Surges 41%, as Ads and Users Keep Growing
Facebook Revenue Surges 41%, as Ads and Users Keep GrowingFacebook Revenue Surges 41%, as Ads and Users Keep GrowingFacebook Revenue Surges 41%, as Ads and Users Keep GrowingFacebook Revenue Surges 41%, as Ads and Users Keep Growing

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