Facebook Earnings: Revenue Growth Rate Accelerates
In a surprise twist, Facebook's (NASDAQ: FB) top-line growth rate accelerated in the company's second quarter. So much for management's guidance in its first-quarter earnings call for revenue growth rates to continue to decelerate sequentially throughout 2019. Adjusted earnings per share and free cash flow also rose nicely, highlighting the company's lucrative business model.
Here's a closer look at Facebook's strong top- and bottom-line growth, and the drivers for these metrics.
Facebook CEO Mark Zuckerger. Image source: Facebook.
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