Thursday, July 27, 2017

Facebook Posts Strong Q2 As ARPU Grows Across Geographies

Facebook posted strong second quarter results yesterday, with revenues increasing 47% year on year (y-o-y) to over $9.3 billion, beating Reuters’ compiled consensus estimates of $9.2 billion. This was driven by a significant rise in advertising revenues, which grew 47% y-o-y to about $9.16 billion.

from Forbes Real Time http://www.forbes.com/sites/greatspeculations/2017/07/27/facebook-posts-strong-q2-as-arpu-grows-across-geographies/
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