ACSI Funds' Kevin Quigg Focuses on Facebook's Ad Growth Outside Core
Free Clips
•
1m 32s
As Mark Zuckerberg's company transitions from a Facebook-driven model to focus on Instagram, WhatsApp, and other platforms, Quigg looks at ad revenue across platforms as a key indicator. Facebook released Q2 earnings Wednesday. Earnings came in at $1.32 per share, higher than analysts' expectations of $1.13. The company also generated $9.32 billion in revenue during the quarter, compared to $6.4 billion during the same period last year. Facebook hit 1.32 billion daily active users, up from 1.28 billion last quarter. The company announced last month that it reached 2 billion monthly active users.
Up Next in Free Clips
-
Space.com's Mike Wall: "I Wouldn't Be...
SpaceX flew three rockets in 12 days, including just two in 48 hours. Space.com’s Mike Wall says Elon Musk won’t stop there, and shares the company’s plans for the near future.
-
High Times Hits Its 500th Issue! Here...
High Times’ marijuana coverage has changed drastically over the course of its 500 issues. Danny Danko says the next big change will come when cannabis is legalized across the country.
-
Here's What Sports and Business Have ...
Author Sam Walker says there's just one simple link connecting sports and business.
