Facebook has announced 8.03 billion in revenue for the first quarter of 2017. The company received 1.94 billion users per monthin this period and the company earned 7.86 billion in advertising revenue.

Here are some more highlights from Facebook’s Q1 report:

  • Facebook’s capital expenditures Q1 2017 were $1.27 billion
  • Mobile advertising revenue represented 85% of the total advertising revenue
  • Site’s daily active users were 1.28 billion on average for March 2017.

Facebook’s Q1 2017 Report

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