Facebook beats in Q2 with $9.32B revenue despite slower user growth

 Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS.Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue growth is slowing, in line with Facebook’s warning to investors that it was running out of space to show… Read More

Author: Josh Constine
Published at: Wed, 26 Jul 2017 20:10:26 +0000

Credits: https://www.techcrunch.com