Facebook Earnings Top But Growth Keeps Slowing

By | April 22, 2015

Scalper1 News

Facebook (FB) narrowly topped first-quarter earnings forecasts, but revenue growth continued to slow, falling just shy of analyst forecasts late Wednesday. The social networking giant earned 42 cents a share, up 23.5% vs. a year earlier. That beat views for 40 cents, but it was the smallest gain in eight quarters. Facebook revenue rose 42% to $3.54 billion. But that was just a hair below forecasts for $3.56 billion and the fourth straight quarter Scalper1 News

Scalper1 News