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25 Apr 2019

Facebook beats profit estimates, sets aside $3 billion for privacy penalty

Shares of the world`s biggest online social network jumped more than 10 percent to $200.50 in after-hours trade.

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.

28 Jul 2016

Facebook quarterly profit surges 186% to $2 billion

Facebook said Wednesday its profit leapt 186 per cent from a year ago to USD 2 billion, as the world's biggest social network blasted past most analyst forecasts for the second quarter.

28 Apr 2016

Facebook profits surge as user base expands

Profit in the first quarter tripled from a year ago to USD 1.5 billion as revenue jumped to USD 5.4 billion from USD 3.5 billion in the same period a year earlier.

30 Jul 2015

Facebook profit falls 9% as costs soar

The company had warned that 2015 would be a year of heavy investment, but analysts have said this is likely to translate into significant revenue streams in coming years.

23 Apr 2015

Facebook revenue growth slows, costs weigh on profit

Facebook Inc posted its slowest growth in quarterly revenue in two years and higher spending on research and development ate into profits.

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