Wednesday, July 26, 2017

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

from Mix ID 8176981
from Tumblr

No comments:

Post a Comment