Posts with tag Wall Street

Facebook reports Q2 earnings at US $6.44 bn

Facebook has just reported its earnings for Q2 2016. The social network’s growth continued on a steady pace at 3.63%, just slightly lower than last quarter’s 3.77%. The revenue for the second quarter increased 59% year on year totaling US $6.44 bn and $0.97 earnings per share (EPS). The company’s net income in Q2 rose…