Company News: Facebook (FB) quarterly results beat analysts’ estimates

Market news

27 July 2017

Company News: Facebook (FB) quarterly results beat analysts’ estimates

Facebook (FB) reported Q2 FY 2017 earnings of $1.32 per share (versus $0.97 in Q2 FY 2016), beating analysts' consensus estimate of $1.12.

The company's quarterly revenues amounted to $9.321 bln (+44.8% y/y), beating analysts' consensus estimate of $9.194 bln.

FB rose to $171.85 (+3.77%) in pre-market trading.

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