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.
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.
