Facebook beats in Q1 with $8.03B revenue, faster growth to 1.94B users

 Facebook had another strong quarter, beating estimates to start 2017. It scored $8.03 billion in revenue and $1.04 GAAP actual EPS in Q1 compared to $0.87 EPS estimate. It earned that from 1.94 billion users, up from 1.86 billion last quarter, growing at a faster 4.3 percent compared to 3.91 perecent last quarter. Steady Growth, Strong Profits At this rate Facebook should hit 2 billion… Read More

source https://techcrunch.com/2017/05/03/facebook-q1-2017-earnings/?ncid=rss