Thursday, July 30, 2015

Facebook Revenue Beats Forecast as User Growth Is Steady - The New York Times

More Facebook friends on Wall Street; also see Zuckerberg to Wall Street: Be Patient, Big Things Take Time (BloombergBusiness)
"Drama may be exciting, but consistency makes for better performance in the stock market.

Facebook reported second-quarter revenue and profits on Wednesday that exceeded Wall Street’s expectations. More important, the company has maintained steady growth in both revenue and users — a feat that has eluded smaller social networking companies like Twitter and Yelp, which both warned of dim outlooks this week and had their stock prices plunge."
Facebook Revenue Beats Forecast as User Growth Is Steady - The New York Times
Post a Comment