Facebook reports EPS $1.80 on revenues of $18.68 billion

Author: Greg Michalowski | Category: News

Facebook

  • EPS $1.80 vs. $1.39 sent estimate
  • revenues $18.68 billion vs. $17.4 billion estimate
  • advertising add revenue $18.3 billion which is higher than $16.8 to $17.3 billion estimate
  • sees 2nd quarter total expenses $52-$55 billion vs. previous estimate of $52-$56 billion
Facebook shares are trading up $13.50 or 5.69% at $247.85
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