Inside FB’s Results
The company reported earnings of $701 million, or 25 cents per share, up from $523 million, or 20 cents per share, last year. Excluding special items, earnings were $1.52 billion, or 54 cents per share – above analysts’ view of 48 cents per share.
Revenue jumped 49% to $3.85 billion from $2.59 billion. Analysts expected to see revenue of $3.77 billion.
Momentum Lost to Apple
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.28%|
|VFINX||Vanguard 500 Index||0.81%|
The Bottom Line
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