Facebook reported $3.54 billion in first-quarter revenues, an increase of 42 percent over the same period last year, and the tech giant's ad revenue was up 46 percent, reaching $3.32 billion.
Mobile accounted for 73 percent of its ad sales, compared to 69 percent during the fourth quarter of 2014.
The growth rate in ad revenue actually represents a bit of a slowdown for the Menlo Park, Calif.-based company, which saw a year-over-year increase of 53 percent during Q4.
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