Facebook Shares Slip Despite Topping Wall Street's Estimates
Facebook shares fell after reporting first quarter results.
Facebook (FB) - Get Report reported earnings of $1.04 per share, topping estimates of $0.87. Revenue of $8.03 billion - a rise of 49% year-over-year - eclipsed estimates of $7.8 billion. Monthly active users stood at 1.94 billion, also exceeding Wall Street's estimates.
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