Facebook Beats Estimates With $4.5 Billion Revenue, Now Has More Than A Billion Daily Active Users

by Martin Beck
Facebook posted another expectations beating quarter, reporting $4.5 billion in revenue for the third quarter. That figure was a 41 percent increase from last year and $130 million more than analysts had expected. Earnings per share were 57 cents, excluding certain expenses, and also beat consensus expectations of 52 cents.Read the full article