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$FB 2Q15 PR: FB reported a revenue increase of 38.9% YoverY reaching $4,042MM. Net income was down 9% at $719MM vs. $791MM in 2Q14. GAAP diluted EPS was $0.25, down 16.6% YoverY. Mobile advertising revenue represented approx. 76% of advertising revenue, up from approx. 62% of advertising revenue in 2Q14.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.