Facebook trumps estimates on blistering ad sales growth

(Reuters) – Facebook Inc’s quarterly profit and revenue blew past Wall Street estimates as the company’s hugely popular mobile app and a push into video attracted new advertisers and encouraged existing ones to spend more.
Facebook shares rose 6.7 percent in after hours trading on Wednesday.
Mobile advertising revenue accounted for 84 percent of the company’s total advertising revenue, compared with 76 percent a year earlier.
Total advertising revenue surged 63 percent to