S-1 Amendment: Facebook Tops 900M Monthly Average Users
Facebook officially acknowledged that it topped the 900 million monthly average users mark, saying in the fourth amendment to its initial public offering filing that it totaled 901 million MAUs as of March 31, up 33 from 680 million on the same date in 2011.
Facebook officially acknowledged that it topped the 900 million monthly average users mark, saying in the fourth amendment to its initial public offering filing that it totaled 901 million MAUs as of March 31, up 33 from 680 million on the same date in 2011.
The social network also reported its financial figures for the quarter ended March 31, revealing that revenue rose compared with the prior-year period, but costs and expenses saw a hefty increase, resulting in lower net income for the quarter.
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