Facebook reported $2.59 billion in revenue in the fourth quarter of 2013 — sending shares surging 12 percent in after-hours trading. Mark Zuckerberg’s baby saw profits reach $523 million for the quarter, almost 10 times higher than last year’s $64 million Q4. The majority of the growth in revenue and profit came from the company’s advances in mobile usage of the site. FB stated that its mobile customer base grew to 945 million — a 39 percent increase over the previous year. And mobile ad revenue topped 53 percent of the company’s total haul for the quarter — the first time that segment has ever accounted for more than half of the company’s total advertising business. Total monthly Facebook users now top 1.23 billion, with 757 million logging on daily. Looking ahead, continued growth seems to be in the cards for the social media monster, but will that be enough to get you to purchase shares?
Facebook Shares Soar 12 Percent on Earnings News
Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns
This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.
Get Access to the Report, 100% FREE
PREMIUM SERVICES FOR INVESTORS
Dr. Mark Skousen
Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.
- Forecasts & Strategies
- Home Run Trader
- Fast Money Alert
- Five Star Trader
- TNT Trader
A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.
- Cash Machine
- Premium Income (exclusively for subscribers of Cash Machine)
- Quick Income Trader
- Breakout Options Alert
- Hi-Tech Trader
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
- Successful Investing
- High Velocity Options
- Intelligence Report
- Bullseye Stock Trader
- Eagle Eye Opener
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
- Retirement Watch
- Retirement Watch Spotlight Series
- Lifetime Retirement Protection Program
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:
- Investment House Daily
- Stock of the Week
- Technical Traders Alert
- Rapid Profits Stock Trader
Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.
Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.
- Dividend Investor