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October 29, 2020 08:43 pm GMT

Ad revenues and e-commerce boom boost Facebook earnings but US users down from COVID surge

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 […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3fZVC-7_y7A/

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