Facebook reports Q1 advertising revenue of $11.8B, up 50% YoY, of which ~91% comes from mobile, up from 85% in Q1 2017; headcount up 48% YoY to 27,742 (Facebook)

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Facebook:
Facebook reports Q1 advertising revenue of $11.8B, up 50% YoY, of which ~91% comes from mobile, up from 85% in Q1 2017; headcount up 48% YoY to 27,742  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended March 31, 2018.  —  “Despite facing important challenges …