Facebook quarterly profit beats estimates

(Reuters) - Facebook Inc's first-quarter profit topped analyst estimates on Wednesday, as the social media company's mobile ad business grew from a major push to add more video content on its site.

Net income attributable to Facebook shareholders rose to $4.99 billion, or $1.69 per share, from $3.06 billion, or $1.04 per share, a year earlier. Total revenue rose 49 percent to $11.97 billion.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Bernard Orr)