Facebook crushes Q2 earnings, hits 1.71B users and record share price

Facebook Users Q2 2016 Coming off an all-time high stock price of $ 123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63% compared to last quarter’s 3.77%, adding 60 million monthly users this quarter to reach 1.71 billion. It scored $ 6.44 billion in revenue and $ 0.97 EPS, blowing past estimates of $ 6.02 billion and $ 0.82 EPS. This is… Read More

Mobile – TechCrunch

Source: Mobilecrunch