Facebook earnings report | Zee News

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Facebook earnings report News

02 Nov 2017

Facebook profit soars, with no sign of impact from Russia scandal

The social network said its quarterly profit soared 79 percent and revenues were up nearly 50 percent in the third quarter as marketers poured money into Facebook`s advertising offerings, whose power to target and influence users has actually been showcased by the election scandal.

27 Jul 2017

Facebook shares hit record high as mobile ad sales soar

Facebook Inc`s mobile advertising business grew by more than 50 percent in the second quarter, the company said in its earnings report on Wednesday, as the social network continued to establish itself as the venue of choice for an ever-growing array of online advertisers.

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