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Facebook announces loss of $157m

Facebook has announced a loss of $157m in its first set of figures since its controversial float...
Newstalk
Newstalk

07.10 27 Jul 2012


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Facebook announces loss of $15...

Facebook announces loss of $157m

Newstalk
Newstalk

07.10 27 Jul 2012


Share this article


Facebook has announced a loss of $157m in its first set of figures since its controversial floatation in May.

The results were just ahead of analyst expectations.

But Facebook shares – which had been falling all day yesterday – continued to plummet in after hours trading.

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