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Facebook beats Wall Street expectations with $3.2 billion in revenue, but user growth slows - GeekWire

publish 2022-05-02,browse 3
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Facebook announced today that the company brought in $3.2 billion in revenue during the third quarter of 2014. That’s up 37 percent from $2 billion in the year-ago quarter, and beat Wall Street analyst expectations by $80 million.The social networking titan reported earnings of 43 cents a share on net profits of $1.15 billion. Those numbers exceeded Wall Street’s expectations as well: analysts expected that the company would bring in 40 cents a share in earnings.“This has been a good quarter with strong results,” Facebook CEO Mark Zuckerberg said in a press release. “We continue to focus on serving our community well and continue to invest in connecting the world over the next decade.”

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