Facebook (FB) Erases After-Hours Losses, Goes Green

January 30, 2013 4:42 PM EST Send to a Friend
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


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Trader Talk

Add Your Comment