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July 27, 2016 08:08 pm GMT
Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63% compared to last quarter’s 3.77%, adding 60 million monthly users this quarter to reach 1.71 billion. It scored $6.44 billion in revenue and $0.97 EPS, blowing past estimates of $6.02 billion and $0.82 EPS.This is… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/hHCGv6asPPc/
Facebook crushes Q2 earnings, hits 1.71B users and record share price
Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63% compared to last quarter’s 3.77%, adding 60 million monthly users this quarter to reach 1.71 billion. It scored $6.44 billion in revenue and $0.97 EPS, blowing past estimates of $6.02 billion and $0.82 EPS.This is… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/hHCGv6asPPc/
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