Facebook Beats In Q1 With $2.B In Revenue, 59% Of Ad Revenue From Mobile, 1.28B Users
April 23, 2014 at 16:04 PM EDT
Facebook’s Q1 2014 earnings show it beat expectations, earning $ in revenue with an $0.34 EPS. It now has 1.28 billion total monthly users, 802 million daily users, and 609 million daily mobile users. Facebook continued its march to become a mobile ad company with 59% of ad revenue coming from small screens. Wall Street had expected $2.36 billion in revenue and earnings of 24 cents per… Read More