Facebook status is positive

Facebook status is positive

Facebook status is positive Facebook’s latest results show growth for the social network and media company with adjusted earnings for its second quarter at 50 cents per share on revenue of $4.04 billion. Analysts were predicting 47 cents and $3.99 billion. Monthly active users also beat expectations with 1.49 billion users (analysts predicted 1.48 billion) and daily average users hit 968 million, 8 million more than Wall Street predicted. Facebook expects its revenue growth to ease though in the coming months due to the strong dollar.