Facebook sees mixed Q1 with $8.03B revenue, EPS miss, faster growth to 1.94 billion users

 Facebook had another strong quarter to start 2017, scoring $8.03 billion in revenue and $1.04 EPS in Q1. It earned that from 1.94 billion users, up from 1.86 billion last quarter, up a faster 4.3 percent compared to 3.91 perecent last quarter. Mobile now counts for 85 percent of its ad revenue, compared to 84 percent last quarter. Facebook beat analyst estimates on revene, which was $7.83… Read More


via Zero Tech Blog

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