November 13, 2015

Facebook Beats Revenue Projections, Boosting Stock to All Time High

When Facebook (NASDAQ: FB) reported third quarter revenue above projections, stockholders indicated their approval, boosting stock prices by almost 5% at one point, says Business Insider. During the most recent quarter, Facebook earned $4.5 billion in total revenue, compared to $4.37 billion predicted by analysts. That’s an impressive spread, but what’s more impressive is that Facebook’s revenue is 41% higher than it was for the same period last year! No wonder investors are excited. Other highlights from…

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