Wednesday January 29, 2014

Facebook Flying High With $2.59B In Q4 Revenue

Wow, it is crazy to think Facebook makes this much money mining and selling your personal information to advertisers. eek!

Facebook sales climbed 63 percent to $2.59 billion in the fourth quarter of 2013 as the company earned an adjusted 31 cents per share. Revenue for the full year, meanwhile, was $7.87 billion, up 55 percent from 2012, and 2013 net income was $1.5 billion. For the fourth quarter, analysts were anticipating earnings of 27 cents per share on revenue of $2.34 billion.

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