# Facebook Apps Now Used Monthly By More Than 3 Billion People

**URL:** <https://onehack.st/t/facebook-apps-now-used-monthly-by-more-than-3-billion-people/83459>\
**Category:** News & Articles\
**Tags:** social-media\
**Created:** [April 29, 2020, 9:49pm UTC](https://onehack.st/t/facebook-apps-now-used-monthly-by-more-than-3-billion-people/83459 "2020-04-29T21:49:27Z")\
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**Author:** ![TheStrength](https://onehack.st/user_avatar/onehack.st/thestrength/32/46753_2.png) [@TheStrength](https://onehack.st/u/TheStrength)\
**Post date:** [April 29, 2020, 9:49pm UTC](https://onehack.st/t/facebook-apps-now-used-monthly-by-more-than-3-billion-people/83459/1 "2020-04-29T21:49:27Z")

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Facebook today reported earnings for its first fiscal quarter of 2020, including revenue of $17.74 billion, and net income of $4.9 billion, compared to revenue of $15.1 billion, and net income of $2.43 billion billion in Q1 2019. Year-over-year revenue is up 17%. From a report:

_In a call with analysts after the close of markets today, Facebook CEO Mark Zuckerberg said, “For the first time ever, there are now [more than 3 billion people](https://venturebeat.com/2020/04/29/facebook-earnings-q1-2020/) actively using Facebook, Instagram, WhatsApp, or Messenger each month.” That’s up from 2.99 billion people on March 31. Use of the main Facebook app grew 10% up from 2.38 billion in Q1 2019 to 2.6 billion. Daily active users are also up 11%. Facebook earnings beat analyst estimates that predicted Facebook would earn $17.5 billion in revenue and report earnings per share of $1.74. Alphabet, which also draws the majority of its revenue from advertising, also announced earnings above analysts estimates on Tuesday._
