Facebook said its monthly active users increased to 1.15 billion, up 21% year-over-year. Executives are expecting Facebook to continue to grow in both number of users and revenue.
"I'm optimistic about growth across Asia and the rest of the world," said COO Sheryl Sandberg on the conference call.
The company's recent launch of "Facebook for Every Phone" allows people in developing countries to access Facebook on their phones, even if they do not have a smartphone. There are currently 100 million people using the new app each month.
"There's nothing magical about reaching a billion users," said Zuckerberg, noting that it was a great initial target, one that was surpassed in the fall of last year. "The real goal is to connect everyone in the world."