A Complete Guide to Facebook’s Q3 2016 Financial Results, Earnings Call

by David Cohen
Beat the Street, indeed: Facebook’s third-quarter-2016 financial results exceeded Wall Street’s projections across the board, and the social network now boasts 1.79 billion monthly active users as of Sept. 30. The company posted revenue of $7.01 billion in the third quarter of 2016, up 56 percent from $4.5 billion in the year-ago period and topping analysts’ consensus of $6.92 billion.Read the full article