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Facebook Earnings: Reason for Hope or Anxiety?

Started by blogger, January 31, 2013, 09:01:04 AM

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Facebook Earnings: Reason for Hope or Anxiety?

Facebook’s fourth quarter revenue climbed 40 percent year-over-year to $1.59 billion, as mobile revenues grew to make up 23 percent of the company’s total advertising revenue. Impressively, Facebook’s mobile monthly active user base rose to 680 million, which is a 57 percent climb year-over-year. But in after-hours trading, shares of FB initially fell precipitously, aided [...]

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