Facebook sees mixed Q1 with $8.03B revenue, EPS miss, faster growth to 1.94 billion users

 Facebook had another strong quarter to start 2017, scoring $8.03 billion in revenue and $1.04 EPS in Q1. It earned that from 1.94 billion users, up from 1.86 billion last quarter, up a faster 4.3 percent compared to 3.91 perecent last quarter. At this rate Facebook should hit 2 billion total users in Q2. Daily active users reached 1.28 billion, up from 1.23 billion last quarter.  Mobile… Read More


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