Boston, MA 02/04/2014 (wallstreetpr) – Facebook Inc (NASDAQ:FB) seems to be enjoying some of its best times in the market slashing into shreds competition from its fierce rivals. This is evident by the company’s Q4 results that were a massive improvement to the extent of surpassing consensus estimates. Its stock have received the news well soaring up in the market to hit a year high of $62.50 with the company recording a 63% increase in revenue to hit the $2.69 billion mark. FB mobile revenue has grown by over 300% with a 20% upside to EBITDA Consensus .The Company in F2013 saw an increase of 16% on its users who reached the 1.23 billion mark worldwide with daily average users increasing by 61.8%
Focusing on ads paying more for FB
Facebook Inc (NASDAQ:FB) has opted to pay more attention to its ads section that has seen the average revenue per user increase by 51% to a total of $1.94 billion in F2013. Its quality as are usually paying off and return on investment is by far within reach. FB mobile sector grew by 41% quarter over quarter to record total revenues of 1.24 billion thus accounting for 53% of the company’s ad revenue. The addition of integral has by far been the best strategy that has seen the company’s users double thus adding to its upward growth.
FACEBOOK MARKET VALUE JUMPS TO 155 BILLION
Facebook Inc (NASDAQ:FB) has seen its market value increase to a total of $155 billion behind the announcement of positive results for the fourth quarter. Its stock jumped by 16% to more than $61 immediately after the announcement of the fourth quarter results. The company valuation stood at $135 billion before the announcement, the increase of $20 billion has seen the company’s market value surpass Citigroup Inc. (NYSE:C) of $145 billion.
Facebook Inc (NASDAQ:FB) reported a slight drop in Monday trading session to close the day at $61.48 a drop of 1.74%
