Facebook Inc (NASDAQ:FB), highlighting its developers platform, revealed how the third party apps derive the advantage from the social network by connecting to the users. Doug Purdy, Director of Product Manager said that approximately 550 million people use third party applications on Facebook Inc (NASDAQ:FB) and share 1 billion stories every day. Six years ago the giant social networking site opened up itself for the third party app developers and since then the third party...
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A study analyses data from Facebook Inc (NASDAQ:FB) and provides a detailed picture of how ‘Mr and Mrs. Average’ behave as they move up age wise. The study takes into account data from 1 million Facebook Inc (NASDAQ:FB) users revealing how men and women develop an inclination for a different topic at different ages. The study used anonymous data given by millions of Facebook Inc (NASDAQ:FB) users, including their statuses record, ‘likes’ and ‘interests’ etc. The...
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Facebook Inc (NASDAQ:FB) shares are continuing their rise today after the company’s solid earnings report earlier this week. As of this writing, the stock had risen 4.4 percent since opening bell. But is the social network’s future as solidified as it seems? It’s certainly a good sign that Facebook’s mobile revenue is solid, but some analysts are now concerned about the company’s flat desktop revenue. Analysts at Credit Suisse issued a report to investors...
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Social network giant Facebook Inc (NASDAQ:FB) is expected to release its first quarter earnings results on Wednesday, May 1, 2013. Analysts at Wedbush Equity Research believe the company will report strong financial results due to strong growth in advertisements and cost control. Wedbush analysts Michael Pachter together with Nick Mackay and Yoni Yadgaran maintained their ‘outperform’ rating and 12-month price target of $35 for shares of Facebook Inc (NASDAQ:FB). According them, the price target...
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After effects of the botched Facebook Inc (NASDAQ:FB) initial public offering last May can still be felt around. NASDAQ OMX Group, Inc. (NASDAQ:NDAQ)’s management has decided to axe the 2012 bonus of the company’s chief executive, Robert Greifeld, by 62 percent owing to the botched Facebook IPO, report Reuters. For 2012, Mr. Greifeld has earned a total of $8.9 million, which includes salary, stock awards and a “non-equity incentive plan compensation” of $1.35 million (in...
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Facebook Inc (NASDAQ:FB) has received its second downgrade in as many days, after BTIG research joined Sanford C. Bernstein on the list of firms downgrading the social media giant. Whether this list will grow any bigger remains to be seen as Facebook continues to cause jitters on the street, following a slowdown in the rate of member engagement. The analysts also noted that despite Facebook’s rising revenues, the increasing costs are likely to hurt margins...
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Facebook Inc (NASDAQ:FB)’s ad revenue growth accelerated for the second straight quarter to 41 percent yearly, while its mobile growth was not particularly great, as had been expected by some of the investors, though the future mobile growth for Facebook remains intact. Piper Jaffray gives an ‘Overweight’ rating and a $38 price target on shares of Facebook Inc (NASDAQ:FB), owing to the forementioned factors. As per the report from Piper Jaffray, Facebook Inc (NASDAQ:FB), like Amazon.com,...
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Facebook Inc (NASDAQ:FB) reported revenue and operating income 1% and 5% above analysts estimate, with ad revenue (including mobile) in-line. According to a recent research report by Deutsche Bank, the 41% ad growth was below the heightened expectations into the quarter, but demonstrates progress for Facebook Inc (NASDAQ:FB) in newsfeed. The operating expense ramp up reduces analysts EBITDA in 2013 by 16%, but oddly the research firm view it as taking one of the uncertainties out...
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Facebook Inc (NASDAQ:FB) will report its 2012 fourth quarter results on Friday, January 30. The company has received bullish estimates from analysts and is expected to rally back to profitability following two quarters of losses. Facebook has not been profitable since going public in May 18, 2012. However, according to reports, the social media giant is about to break this jinx and report a GAAP income of about $270 million. Facebook Inc (NASDAQ:FB) has...
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Facebook Inc (NASDAQ:FB) will report its 4Q12 earnings results on January 30. The social media giant is expected to report impressive results as its investment in sponsored stories, promoted posts and FBX begin to pay dividends. Facebook has also gained traction in its mobile monetization campaign, as it seeks to utilize the greater part of its massive user base. Facebook made a milestone progress with its search business, and also launched a jobs App to rival Linkedin Corporation...
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Facebook is expected to report Q4 results after the market close on Wednesday, January 30th. Analysts are expecting Revenue/Non-GAAP EPS of $1.50B/$0.14, slightly below consensus $1.52B/$0.15. Analysts’ Revenue estimate implies (modest) Revenue growth acceleration for Facebook Inc (FB), due to both materially easing comps as well as more concentrated monetization moves by Facebook Inc (FB). RBC Capital analysts also estimate Q4 EBITDA of $828MM. Key Points To Focus On 1. Mobile Monetization – in...
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