Facebook is about to report whether the growth of its main revenue driver, News Feed ads, has indeed slowed down meaningfully going into the half of 2017.
Facebook is about to report whether the growth of its main revenue driver, News Feed ads, has indeed slowed down meaningfully going into second half of 2017.
The world's largest social network, which just hit 2 billion users, will report its second quarter earnings after markets close on Wednesday.
Here are the expected numbers for Facebook's Q2 earnings, based on analyst projections compiled by Bloomberg:
- EPS (GAAP): $1.13, up 59.3% from the year-ago period.
- Revenue: $9.2 billion, up 43% from the year-ago period.
This story is developing. Click here or hit refresh for the latest updates on Facebook's Q2 results.
SOURCE - PULSE.NG posted by Campus94
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