Business
Ad revenues and e-commerce boom boost Facebook earnings but US users down from COVID surge – Yahoo News Australia
Facebook reported its Q3 earnings today, including revenues of $21.5 billion, and net income of $7.8 billion. Analysts had expected Facebook, the social giant,…
Facebook reported its Q3 earnings today, including revenues of $21.5 billion, and net income of $7.8 billion. The company earned $2.71 in per-share profit during the three-month period.
Analysts had expected Facebook, the social giant, to earn a much-smaller $1.91 per-share off smaller revenues of $19.82 billion. The company also reported an average of 1.82 billion daily active users in September, up 12% compared to the year-ago period. Monthly actives were 2.74 billion, also up 12%. Both results…
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