Wednesday, 30 October 2013

Facebook shares soar following strong mobile ad revenues

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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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