04.11.2015 22:06:20
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Facebook, Inc Bottom Line Rises 42% In Q3
(RTTNews) - Facebook, Inc (FB) revealed a profit for its third quarter that climbed from last year.
The company said its bottom line totaled $1.63 billion, or $0.57 per share. This was higher than $1.15 billion, or $0.43 per share, in last year's third quarter.
Analysts had expected the company to earn $0.52 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 40.6% to $4.50 billion. This was up from $3.20 billion last year.
Facebook, Inc earnings at a glance:
-Earnings (Q3): $1.63 Bln. vs. $1.15 Bln. last year. -Earnings Growth (Y-o-Y): 41.7% -EPS (Q3): $0.57 vs. $0.43 last year. -EPS Growth (Y-o-Y): 32.6% -Analysts Estimate: $0.52 -Revenue (Q3): $4.50 Bln vs. $3.20 Bln last year. -Revenue Change (Y-o-Y): 40.6%

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