1 Billion A Month? That’s Even Better As Facebook Beats Market Expectations Again

by Martin Beck
Facebook passed the $1 billion a month in revenue barrier in the third quarter, reporting $3.2 billion for the three months ending in September and beating Wall Street expectations for the 10th consecutive quarter. The great majority of that revenue came from advertising, with the company reporting $2.96 billion in ad revenue, a 64% increase from the third quarter last year and a 10.Read the full article