Facebook revenue jumps 51.7 percent as mobile drives ad sales
Facebook has the world`s most popular smartphone app.
California: Facebook Inc
The company`s total revenue rose to $5.84 billion from $3.85 billion a year earlier, with ad revenue increasing 56.8 percent to $5.64 billion in the holiday shopping period, when spending on advertising typically spikes.
Net income attributable to common shareholders rose to $1.56 billion, or 54 cents per share, in the three months ended Dec. 31 from $696 million, or 25 cents per share in the same period of 2014.
Facebook, which has the world`s most popular smartphone app, has also been benefiting from a surge in video views that has attracted advertising dollars.