Everything You Need to Know About Facebook’s Q1 2016 Earnings Call
Facebook reported its first-quarter-2016 financial results Wednesday and announced a proposal to create a new class of stock in the company.
Facebook reported its first-quarter-2016 financial results Wednesday and announced a proposal to create a new class of stock in the company.
Following are highlights from the social network’s financial results, details about the stock class proposal and highlights from the company’s earnings call, which was held Wednesday after market close.
Financial results
Facebook’s revenue reached $5.382 billion in the first quarter of 2016, up 52 percent from $3.543 billion in the year-ago period. Ad revenue climbed 57 percent year-over-year, to $5.201
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in