Facebook more than doubled its profits in the fourth quarter of 2015.
Mobile advertising was a particularly lucrative growth area for the social media site during that period.
Revenue for the full year also jumped to $17.9 billion.
The results - yet again - beat market expectations.
Danny Cox of stockbroker Hargreaves Lansdown says the numbers have surprised many analysts.
IN: "Taking net…
OUT: …facebook."
DUR: 10 seconds
http://www.fsnradionews.com/feeds/0127facebook-cox1.mp3
Mobile advertising was a particularly lucrative growth area for the social media site during that period.
Revenue for the full year also jumped to $17.9 billion.
The results - yet again - beat market expectations.
Danny Cox of stockbroker Hargreaves Lansdown says the numbers have surprised many analysts.
IN: "Taking net…
OUT: …facebook."
DUR: 10 seconds
http://www.fsnradionews.com/feeds/0127facebook-cox1.mp3