Seems like an incredible jump in mobile ad revenue for one quarter. Also see my live tweeting of today's conference call at #FBCOPE
Facebook Turns Corner On Mobile Revenue Concerns
Facebook topped analysts estimates with its third-quarter earnings release, thanks to stronger than expected mobile advertising revenue. The Menlo Park, Calif.-based company, which has struggled since its initial public offering in May, reported third-quarter earnings of $311 million, or 12 cents a share, on revenue of $1.26 billion, up from net income of $227 million a year ago. Those numbers beat analyst expectations. Wall Street had estimated ...
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