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

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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Dana E. Neuts

Dana Neuts is Subscription Insider's Editorial Director, covering our daily subscription news as well as member features, case studies, premium content, and reports. Dana is also a writer, editor, marketer and communications professional. Her work has appeared in AARP Bulletin, The Seattle Times, Seattle Business, 425 Business, 425 Magazine, South Sound Magazine, Northwest Travel and more. Her specialties include business writing, community news, senior issues, travel and, of course, subscriptions!