Financial News, Marketing News

Everybody Likes Facebook

Revenues surge in Q1.

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By: TOM BRANNA

Editor

If your household or personal care company doesn't have a a Facebook page yet, you may be in the minority. The company said he revenue increased 72%in the first quarter and net income nearly tripled. During a conference call, executives made one thing very clear: The company’s money machine has just begun to spit out the cash. Two out of three of Facebook’s 1.28 billion monthly users log in to the social network every day, the company said. Americans spend about one-fifth of their time on ...

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