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Facebook beats expectations, revenues soar in Q4 as mobile ads grow

Facebook continues to be a money-making machine, bringing in $8.81 billion in revenues in the fourth-quarter, up 51% from $5.84 billion a year earlier, and beating analysts’ expectations by hitting earnings of $1.41 pre share, above predictions of $1.31 EPS. And mobile was the dominant platform, bringing in 84% of all ad revenues, up from … Continue reading “Facebook beats expectations, revenues soar in Q4 as mobile ads grow”

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About the author

Daniel Terdiman is a San Francisco-based technology journalist with nearly 20 years of experience. A veteran of CNET and VentureBeat, Daniel has also written for Wired, The New York Times, Time, and many other publications

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