Facebook's Revenue Growth Accelerates (Again)
Deja vu. Facebook's (NASDAQ: FB) quarterly results came in better than expected on Wednesday afternoon, with third-quarter revenue growth accelerating.
In the social network's second quarter, the company surprised investors with an acceleration in its year-over-year revenue growth rate. The acceleration occurred despite management guiding for its growth rate to decelerate during the period. Going into Q3, management once again called for a deceleration in the growth rate. Yet top-line growth accelerated. Adding to this top-line surprise, Facebook's bottom-line momentum was solid, too.
Here's a closer look at the digital advertising giant's third quarter performance.
Source Fool.com
