* Advertising revenue up 36 percent
* Monthly active users top 1 billion, of which 604 million were mobile
* Advertising revenue up 36 percent
* Monthly active users top 1 billion, of which 604 million were mobile
(Adds analyst comments, details, updates stock)
Mobile ad revenues totalled roughly
"This certainly dispels the most bearish view, that
"In about a six-month period they've actually started to generate decent revenues form their mobile applications," Sebastian added, though he said
Mobile advertising has been among the key investor concerns hanging over
The mobile ads helped reignite
Advertising revenue increased
"Over the long run we're going to see more monetization per time spent on mobile than on desktop," Zuckerberg said on a conference call with analysts on Tuesday.
The company's shares leapt nearly
The shift to mobile has challenged many of the Web industry's top companies.
Social game maker
Zuckerberg said he was not pleased with revenue from gaming, but said that beyond
"The interesting thing is that the rest of the games ecosystem has actually been growing. Our monthly payments revenue from the rest of the ecosystem increased
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Zuckerberg also said Instagram, the photo-sharing app that
Facebook Finance Chief
Ebersman said that the total number of ads that
Stifel Nicolaus analyst
And he said that
(Reporting by
((Alexei.Oreskovic@thomsonreuters.com)(
Keywords: FACEBOOK RESULTS/