Facebook crushes Q2 earnings, hits 1.71B users and record high share price

{rss:content:encoded} Facebook crushes Q2 earnings, hits 1.71B users and record high share price http://ift.tt/2acg80o http://ift.tt/2a0ntPE July 27, 2016 at 10:08PM  Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63% compared to last quarter’s 3.77%, adding 60 million monthly users this quarter to reach 1.71 billion. It scored $6.44 billion in revenue and $0.97 EPS, blowing past estimates of $6.02 billion and $0.82 EPS. This is… Read More