Facebook Added Another 76 Million Users in the First Quarter of This Year

Advertising revenue grew 51 percent

Facebook continues to get closer to the 2 billion user milestone, reporting 1.94 billion users in the first three months of the year.

According to the company’s quarterly earnings released today, the company reported monthly user growth of 17 percent year over year. Total daily active users also increased to 1.28 billion, up 18 percent over the same period in 2016.

The company also reported better-than-expected financial results with total revenue for the first quarter hitting $8.03 billion, up 49 percent from $5.39

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