Facebook earnings are increasing by the minute!
Facebook earnings are surpassing the previous earnings reports. Every minute the advertising earnings are increasing. Furthermore, the shares of the biggest social network of the world increased up to 137$ per share. As a result to this increase, Facebook reiterated that the earnings in 2017 will meaningfully decrease due to add load.
Furthermore, Facebook showed adjusted earnings of $1.42 a share on revenue of 8.81$ billion. Advertising revenue rose to 53% every next year to about 1.2$ billion. While monthly active users grew 18% year-to-year to a revenue of $1,86 billion. Facebook payments and other fees section declined 12% year-to-year to $180 millions.