Facebook is on track to surpass 2 billion monthly active users (MAU) before the end of this summer. The company ended the first quarter of 2017 with 1.94 billion MAUs and 1.28 billion people using the social network every day.\nWhile the monthly user base grew 17 percent year-over-year, daily usage jumped at a slightly higher rate of 18 percent during the same period. Overall growth remains steady, which is unique for a company with such a massive global user base. Facebook reported identical growth rates on a percentage basis in the previous quarter.\n Facebook \nFacebook is closing in on two millions monthly active users. (Click for larger image.)\n\nCompany revenue and profits are also on the rise. Facebook banked $3.06 billion in net income on $8.03 billion in revenue, marking a 76 percent year-over-year increase in profit and a 49 percent climb in revenue. The company has also beat analysts revenue estimates for eight consecutive quarters.\nFacebook warns ad growth will slow in late 2017\nHowever, Facebook warned investors that its period of tremendous revenue growth will slow later this year. \u201cWe continue to expect that we\u2019ll see deceleration in ad revenue growth,\u201d CFO David Wehner said during a conference call. \u201cThat\u2019s going to be particularly pronounced as we get into the second half of 2017 because ad load will be a less significant factor driving growth.\u201d\n Facebook \nDespite Facebook's maturity, daily use shows no signs of slowing down. (Click for larger image.)\n\nMeanwhile, Facebook\u2019s all-out assault on Snapchat is boosting the performance of other core properties. WhatsApp Status, which mimics the \u201cstories\u201d feature popularized by Snapchat and now copied throughout Facebook\u2019s family of apps, has attracted 175 million daily users in less than three months, CEO Mark Zuckerberg announced during the call. Instagram Stories has more than 200 million daily users, according to the company.\nBoth features which reside in much larger apps -- WhatsApp has 1.2 billion MAUs and Instagram has 700 million MAUs -- are now bigger than the entirety of Snapchat.\n[Related: Will Facebook putting \u2018Stories\u2019 everywhere crack Snapchat?]\nZuckerberg also reiterated the company\u2019s evolving mission. \u201cFor the past decade, Facebook has focused on connecting friends and families. Now with that foundation, our next focus will be building community,\u201d he said. \u201cThere\u2019s a lot to do here. Building global community is bigger than any one organization, but we can help by developing social infrastructure for community -- for support us, for keeping us safe, for informing us, for civic engagement and for including everyone.\u201d\nSafety has been a particularly poignant challenge for Facebook of late as more people use the company\u2019s video livestreaming products to broadcast acts of extreme violence, murder and hatred. Two days before the start of Facebook\u2019s annual developer conference last month, a Cleveland man posted a video of him shooting and killing a 74-year-old grandfather.\n\u201cWe\u2019re going to continue building new tools to keep people safe on our platform,\u201d Zuckerberg said during the earnings call. \u201cOver the next year, we\u2019ll be adding 3,000 people to our community operations team around the world -- on top of the 4,500 we already have today -- to review the millions of reports we get every week, and to improve the process for doing it quickly.\u201d Facebook ended the recently closed quarter with 18,770 employees, which marks a 38 percent year-over-year increase.