" FB Makes $1.58 BILLION in Revenue & Significant Gains in Mobile." Undervalued LINKED
Facebook beats analyst expectations, reports $1.58 billion in Q4 revenue
By Eliza Kern
Jan. 30, 2013 - 1:16 PM PDT
photo: Facebook / Matt Harnack
Facebook released its fourth quarter earnings on Wednesday, beating analyst estimates and making significant gains in mobile, which was an important metric for the company this quarter. Facebook saw mobile daily active users exceed web DAUs for the first time.Facebook announced $1.58 billion in revenue Wednesday for the company’s fourth quarter, beating analyst estimates of $1.53 billion.