Facebook Q1 Earnings Expected To Double As Ads Grow

By | April 22, 2014

Scalper1 News

Social network Facebook’s (FB) Q1 EPS is expected to double on a 62% hike in revenue as the company’s ad clicks grow. Clicks on paid Facebook ads are “on the rise, with clicks continuing to outpace impressions,” according to research released late Monday by Adobe Systems (ADBE), which collects data from the customers of its Internet marketing service. Clicks on Facebook ads in Q1 climbed 70% from the year-earlier period, while total ad impressions Scalper1 News

Scalper1 News