Facebook: Revenue Went Up, But So Did Expenses
by Jacob Steinberg
Facebook (FB) is one of the most hyped up stocks in history. The company's market valuation surely experienced effects of a roller coaster in the last year. On Wednesday evening, Facebook announced its earnings. It looks like the company has made a lot of progress in many areas such as monetizing mobile applications and increasing revenue, but it still struggles in other areas such as cost reduction. If Facebook's expenses continue to grow as fast as the company's revenue do, this will not be very pleasant for the investors of the company. read more »
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