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Wednesday, April 23, 2014

Facebook Stock News Summary

Facebook (FB) just announced earnings this afternoon. Here is the summary in case you missed it:

Revenues increased substantially,, beating estimates
Earnings nearly tripled
82% increase in advertising revenue
Chief Financial Officer David Ebersman is leaving
Daily mobile users were 609 million, up 43 percent

Facebook stock is currently up about 1% in the aftermarket.

2 comments:

  1. Centurion Corporation said it is currently exploring the feasibility of spinning off a real estate investment trust (Reit) to list on the Singapore Exchange and injecting some of its workers accommodation assets into the Reit. sgx trading

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  2. This represents a distribution per unit (DPU) of 2.90 Singapore cents, up 2.8 per cent from 2.82 cents in the same period last year. sgx trading

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