Facebook Earnings Soar 121% As Mobile Boom Continues

By | July 23, 2014

Scalper1 News

With more than a billion users — almost half of all Internet surfers globally — Facebook continues to deliver stellar growth, reporting Q2 profit late Wednesday that beat already-lofty expectations. Earnings per share leapt 121% to 42 cents excluding various items. That soundly beat the consensus estimate of 32 cents, as polled by Thomson Reuters. Revenue rose 61% to $2.91 billion. That beat the consensus of $2.8 billion, though it Scalper1 News

Scalper1 News