Inside FB’s Results
Facebook reported earnings of $512 million, or 18 cents per share, down from $642 million, or 25 cents per share, last year. Excluding special items, EPS was 42 cents – above analysts’ view of 40 cents.
Revenue surged 42% to $3.54 billion from $2.50 billion last year, but failed to meet analysts’ view of $3.56 billion.
Revenue Climbs, But Costs Surge
On the upside, the company did mention that its subscribers have been growing from 1.39 billion in Q4 to 1.44 billion in Q1.
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.34%|
|VFINX||Vanguard 500 Index||0.84%|