Facebook Earnings Nearly Triple; Does Facelift Loom?

By | April 23, 2014

Scalper1 News

Facebook nearly tripled its Q1 earnings, bounding past Wall Street forecasts late Wednesday as mobile users climbed above 1 billion for the first time. The social network earned 34 cents a share excluding items, up 183% vs. a year prior and beating analyst consensus of 24 cents, according to Thomson Reuters. Revenue jumped 72% to $2.5 billion, above estimates for $2.36 billion and marking the fourth straight quarter of Scalper1 News

Scalper1 News