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July 26, 2017 08:10 pm GMT

Facebook beats in Q2 with $9.32B revenue despite slower user growth

Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS.Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue growth is slowing down in line with Facebook’s warning to investors that it was running out of space to… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/aZ_hWa_GrXU/

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