{"id":8454,"date":"2013-07-11T03:20:49","date_gmt":"2013-07-11T07:20:49","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=8454"},"modified":"2013-07-11T03:20:49","modified_gmt":"2013-07-11T07:20:49","slug":"a-remarkable-increase-in-the-use-facebook-inc-nasdaqfb","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/a-remarkable-increase-in-the-use-facebook-inc-nasdaqfb-8454","title":{"rendered":"A Remarkable increase in the use Facebook, Inc. (NASDAQ:FB)"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 07\/11\/2013 (wallstreetpr) &#8211;\u00a0There was a remarkable increase in the use of Facebook, which is used by more than 65 percent of the American population, 50 percent of the European and 25 percent of the population of Japan and of a few other emerging markets. This is a key factor related to the growth and attractiveness of the stock of Facebook, Inc. (NASDAQ:FB). Revenues are expected to grow by over 30 percent to reach around $6.5 billion for the current fiscal year. Revenues are also expected to grow by 25 percent to $10 billion by 2015.<\/p>\n<p style=\"text-align: justify;\">Advertising revenue is slightly increased compared to the previous quarter. Sales of various brands rose by more than the expectations, and money per impression (eCPM) accounts for a significant portion of Facebook\u2019s revenue. Furthermore, Instagram monetization is expected in 2013, a pending catalyst for the shares of Facebook, Inc. (NASDAQ:FB). Analysts expect EBITDA to reach $812 million, with an EPS estimate of $0.12, slightly lower than the consensus estimate of $0.14.<\/p>\n<p style=\"text-align: justify;\">Facebook, Inc.\u2019s share price (NASDAQ:FB) rose by 1.26 percent on Wednesday closing at $25.80 per share for the day. Intraday prices for the stock touched a low of $25.47 and a high of $25.83 per share. Trading volume stood at 26.72 million shares of the company on Wednesday, while on an average there are 37.55 million shares per day of trading.<\/p>\n<p style=\"text-align: justify;\">Facebook, Inc. (NASDAQ:FB) currently has a 52-week low price of $17.55 and a 52-week high price of $32.51 per share. The market cap is $52.38 billion with 2.42 billion shares outstanding and 34 percent institutional ownership.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 07\/11\/2013 (wallstreetpr) &#8211;\u00a0There was a remarkable increase in the use of Facebook, which is used by more than 65 percent of the American [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":8455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1747,813],"stock_ticker":[],"class_list":["post-8454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-facebook-inc-nasdaqfb","tag-nasdaqfb","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Remarkable increase in the use Facebook, Inc. 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