Facebook Revenue Hits $12.47 Billion in 2014
Facebook’s revenue in FY 2014 was $12.47 billion, up 58 percent from 2013, the company said in a news release Wednesday. The social media company’s net profit was $2.94 billion in the fiscal year ended Dec. 31, it said. It…
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averaged 890 million daily active users in December, up 18 percent from the same period the previous year. Its monthly active users in 2014 averaged 1.39 billion, a 13 percent increase. Monthly mobile users averaged 1.19 billion in 2014, a 26 percent increase year-over-year.