Showing posts with label exchange. Show all posts
Showing posts with label exchange. Show all posts

Friday, July 27, 2012

Facebook announces first results as a public company

  The Facebook released its first quarter earnings report since it became a public company when it launched its shares on the Nasdaq stock exchange technology. The social network claims revenue of $ 1.184 billion, representing an increase of 32% over the same period last year. In total, Facebook had a net loss of $ 157 million, or $ 0.08 per share, in the second quarter due to costs related to its initial public offering. Most of the revenue...