Wednesday, 30 October 2013

Facebook shares soar following strong mobile ad revenues



Facebook has its best quarter ever thanks to strong mobile advertising revenues. During Facebook’s Q3 earnings call, CFO David Ebersman said that the social networking giant managed to net a revenue of $2.02 billion, which was much higher than the $1.9 billion revenue industry analysts estimated. The revenue generated this quarter is 60 percent more [...]

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