Facebook (FB) Erases After-Hours Losses, Goes Green
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Facebook (NASDAQ: FB) has reversed all its after-hours losses and is now positive. Shares last traded up 0.4% after being down as much as 9%.
The company reported Q4 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.52 billion. Mobile revenue represented approximately 23% of advertising revenue for the fourth quarter of 2012, up from approximately 14% of advertising revenue in the third quarter of 2012
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The company reported Q4 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.52 billion. Mobile revenue represented approximately 23% of advertising revenue for the fourth quarter of 2012, up from approximately 14% of advertising revenue in the third quarter of 2012
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