Facebook (FB) Tops Q1 EPS by 15c; Will Create New Class of Voting Stock
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Facebook Reports First Quarter 2016 Results and Announces Proposal for New Class of Stock
April 27, 2016 4:02 PM EDTMENLO PARK, Calif., April 27, 2016 /PRNewswire/ -- Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended March 31, 2016.
"We had a great start to the year," said Mark Zuckerberg, Facebook founder and CEO. "We're focused on our 10 year roadmap to give everyone in the world the power to share anything they want with anyone."
We also announced today that our board of directors has approved a proposal to amend and restate our existing certificate of incorporation to create a new class of non-voting capital stock,... More
