Mark Zuckerberg says Facebook still cool with teens

5:26 AM, Jul 25, 2013   |    comments
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SAN FRANCISCO -- Facebook CEO Mark Zuckerberg says teens are still clicking with the social network.

Teens are not turning away from the world's largest social network, he said Wednesday on the company's earnings call, despite reports to the contrary.

"That just isn't true," he said of reports of declining teen interest for Facebook.

Facebook reported a blockbuster quarter, beating analyst's top- and bottom-line financial results. Advertising on its News Feed helped boost the company's results.

Facebook has 1.15 billion members on the social network.

"Teens remain highly engaged," Zuckerberg said.

Facebook reported net income of $488 million on $1.8 billion in revenue. Analysts had expected Facebook to report net income of $343 million on revenue of $1.6 billion, according to the survey of estimates from Thomson Reuters.

Shares of Facebook soared 20% to $31.75 in after-hours trading.

By Scott Martin, USA TODAY

Gannett / USA Today

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