Facebook sales, driven by mobile, shoot up nearly 60 percent
28.10.2014
Facebook stock was at around $79.99 in after hours trading following its earnings report, down slightly from its close of $80.77, possibly signaling lingering investor concerns over Facebook's progress toward growing its audience.
Facebook nearly doubled its net income for the third quarter, to $806 million.
The company's adjusted earnings per share was $0.43, above analyst estimates of $0.40.
CEO Mark Zuckerberg, in Facebook's announcement, called the results "strong," showing a "good quarter."
Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on TwitterTwitter at @zachminers. Zach's e-mail address is zach_miners@idg.com Alles zu Twitter auf CIO.de
Zach Miners