Facebook revenue jumps as mobile ad sales surge

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Reuters
Last Updated : Apr 23 2015 | 1:57 AM IST

(Reuters) - Facebook Inc reported a nearly 42 percent rise in quarterly revenue, helped by a jump in mobile advertising sales.

Net income attributable to stockholders fell to $509 million, or 18 cents per share, in the three months ended March 31, from $639 million, or 25 cents per share, a year earlier.

The world's largest internet social network said revenue rose to $3.54 billion from $2.50 billion. Revenue from advertising was $3.32 billion, a 46 percent rise from a year earlier.

(Reporting by Bill Rigby in Seattle and Abhirup Roy in Bengaluru; Editing by Saumyadeb Chakrabarty)

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First Published: Apr 23 2015 | 1:44 AM IST

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