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Wednesday, January 27, 2016

Facebook Climbs To 1.59 Billion Users And Crushes Q4 Estimates With $5.8B Revenue

{rss:content:encoded} Facebook Climbs To 1.59 Billion Users And Crushes Q4 Estimates With $5.8B Revenue http://ift.tt/1PBEyYD http://ift.tt/23umqtV January 27, 2016 at 10:10PM 12473927_10102621100061261_4894012145628812822_o By courting users and ad dollars in the developing world, Facebook continued its growth streak. It hit 1.59 billion users today and crushed the street’s estimates in its Q4 2015 earnings with $5.841 billion in revenue and $0.79 earnings per share. That’s up from 1.55 billion users and $4.5 billion in revenue last quarter. Even with Q4 being the holidays, that 29.8% QoQ revenue… Read More

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