Wednesday, January 28, 2015

Facebook fourth-quarter revenue grows 49 percent

A Facebook logo reflected in the eye of a woman is seen in this picture illustration taken in Skopje November 6, 2014. Picture take November6. REUTERS/Ognen Teofilovski



A Facebook logo reflected in the eye of a woman is seen in this picture illustration taken in Skopje November 6, 2014. Picture take November6.


Credit: /Ognen Teofilovski






- Facebook Inc said on Wednesday its revenue grew 49 percent in the final three months of 2014, as strength in mobile advertising helped the Internet social networking company beat Wall Street's revenue target.

Facebook said it generated $3.85 billion in revenue, compared to $2.59 billion in the fourth quarter of 2013. Analysts polled by Thomson I/B/E/S were looking for revenue of $3.77 billion.


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