Growth Markets Contribute 66% Of Facebook’s User Base; How Much Do They Contribute To Revenue?
Facebook‘s (NASDAQ:FB) first quarter results significantly beat expectations, both in terms of financial and engagement metrics. The company registered 52% growth in revenue over the prior year quarter to about $5.4 billion and 189% year-over-year (y-o-y) growth in earnings to 52 cents a share. In this note, we look at how much of this top line and bottom line growth came from its growth markets in Asia-Pacific, Africa and South America.
Have more questions about Facebook? See the links below.
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