‘Facebook Stock Jumps 15% After Beating Q3 Earnings’ – ‘Mashable’

Seth Fiegerman says, “Facebook stock surged to a new high in after hours trading after the company beat earnings estimates for the third quarter.Facebook reported earnings of $0.25 per share on revenue of $2.02 billion, coming in well ahead of Wall Street estimates for earnings of $0.19 per share on revenue of $1.91 billion. Facebook revenue for the quarter was up 60% from the $1.2 billion it earned a year earlier, thanks in part to continued growth in mobile ads“.