Mark Zuckerberg, said revenue was up 11 percent to $18.69 billion and it earned $1.80 a share, up 98 percent year-on-year, as it unveiled its latest quarterly financials after the market close.Facebook was expected to report quarterly earnings of $1.39 a share and revenue of $17.4 billion, according to market data firm Refinitiv."We're glad to be able to provide small businesses the tools they need to grow and be successful online during these challenging times.
And we're proud that people can rely on our services to stay connected when they can't always be together in person," Zuckerberg said in a statement.Advertising revenue was up 10 percent to $18.32 billion, while revenue from payments and other fees was $366 million, up 40 percent.
Read more on billboard.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.