27.01.2016 22:11:25

Facebook, Inc Profit Climbs 49% In Q4

(RTTNews) - Facebook, Inc (FB) revealed earnings for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $2.27 billion, or $0.79 per share. This was up from $1.52 billion, or $0.54 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.68 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 51.7% to $5.84 billion. This was up from $3.85 billion last year.

Facebook, Inc earnings at a glance:

-Earnings (Q4): $2.27 Bln. vs. $1.52 Bln. last year. -Earnings Growth (Y-o-Y): 49.3% -EPS (Q4): $0.79 vs. $0.54 last year. -EPS Growth (Y-o-Y): 46.3% -Analysts Estimate: $0.68 -Revenue (Q4): $5.84 Bln vs. $3.85 Bln last year. -Revenue Change (Y-o-Y): 51.7%

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