Earnings

The company reported earnings of $701 million, or 25 cents per share, up from $523 million, or 20 cents per share, last year. Excluding special items, earnings were $1.52 billion, or 54 cents per share – above analysts’ view of 48 cents per share.

Revenue
Revenue jumped 49% to $3.85 billion from $2.59 billion. Analysts expected to see revenue of $3.77 billion.

While Facebook released an impressive report for the first quarter, momentum investors were hoping for an Apple-like earnings impact. Along with its increase in profits, Facebook reported strong mobile advertising growth. Establishing mobile dominance should make fund managers and investors optimistic about the shares. While the share price may continue to trade in a tight range, FB is definitely a stock for investors to keep an eye on.

Investors interested in FB may be interested in the funds listed below. These funds currently have the largest stakes in the company.

The funds listed above allow investors to gain exposure to FB while remaining diversified. Investors interested in FB may also be interested in Twitter (TWTR) and Google (GOOG).