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 is slowing down as Facebook warned investors that it was running out of space to show ads in the News Feed.… Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/07/26/facebook-earnings-q2-2017/?ncid=rss

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