KQED Nightly Business Report November 5, 2015
There. Revenue up of 4. 5 billion also came in better than consensus and was much higher than last year. Investors hit the like button, sending shares of facebook initially higher in afterhours trading. The companys valuation now inching toward 300 billion. Not bad for an 11yearold. Julia boorstin has the one key takeaway. The one key takeaway from facebooks earnings is that the social network is growing across the board. As a result, user numbers, revenue as well as earnings beat expectations. I spoke to coo sheryl sandberg, who said this broad growth showed facebook investment in advertising...