Filled Under:

Facebook's annual revenue topped $10 billion for the first time in 2014



Mark-zuckerberg1

Facebook just had its first $10 billion year.


The social network posted earnings of $0.54 per share on revenue of $3.85 billion for the December quarter, coming in well ahead of Wall Street estimates for earnings of $0.48 per share on revenue of $3.77 billion



That holiday performance brings Facebook's total revenue for 2014 to nearly $12.5 billion, compared to just under $7.9 billion in 2013, and it's more than double the annual revenue it reported for 2012


"We got a lot done in 2014. Our community continues to grow and we're making progress towards connecting the world," said Mark Zuckerberg, Facebook's founder and CEO, in a statement Read more...


More about Facebook, Stocks, and Business Source: Mashable http://ift.tt/1zBmHza Show Full Story