Facebook beats in Q2 with $9.32B revenue despite slower user growth

 Facebook’s hot streak continued with a strong Q2 2017 earnings report. It earned $9.32 billion and $1.32 in GAAP actual EPS, compared to estimates of $9.2 billion revenue and $1.13 EPS. Revenue growth was 44.7% year-over-year, compared to 59% in Q2 2016, indicating that revenue is slowing down as Facebook warned investors that it was running out of space to show ads in the News Feed.… Read More