Facebook quarterly profit doubles as user ranks grow

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AFP/File | Facebook reports that its quarterly profit more than doubled to nearly $1.6 billion as its ranks of users grew 17 percent from a year ago

AFP/File | Facebook reports that its quarterly profit more than doubled to nearly $1.6 billion as its ranks of users grew 17 percent from a year ago

SAN FRANCISCO: Facebook on Wednesday reported that its quarterly profit more than doubled to nearly $1.6 billion as its ranks of users grew 17 percent from a year ago.

“Our community continued to grow and our business is thriving,” said Facebook co-founder and chief executive Mark Zuckerberg in releasing quarterly results for the world’s biggest social network. -AFP