Wednesday 1 February 2017

Facebook beats on Q4 earnings with $8.81B revenue, slower growth to 1.86B users

facebook-mau Facebook had another strong quarter in Q4 2016, earning $8.81 billion in revenue and $1.41 EPS. It pulled that from 1.86 billion monthly users, up 3.91% this quarter, or 70 million users, from 1.79 billion, but at a slower pace than its 4.67% growth last quarter. Mobile now makes up 84% of its ad revenue, the same as last quarter, accounting for $7.248 billion. Facebook blew past analyst… Read More

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