2 Growth Opportunities for Facebook
Social network Facebook (NASDAQ: FB) crushed expectations when it reported its third-quarter results this week. Revenue growth accelerated, and earnings per share rose 20% year over year, even as full-time employees increased 28%. Then, of course, there was the social network's 9% year-over-year increase in daily active users.
But can Facebook keep up this momentum? While some deceleration should be expected, there are still plenty of reasons for investors to expect more meaningful growth in Q4 and beyond.
Here are two key drivers for Facebook's business that management discussed in the company's third-quarter earnings call.
Source Fool.com
