Facebook earnings and user growth miss expectations, but stock still spikes

The social-networking giant, which gleans nearly all of its revenue through advertising, reported better-than-expected revenue but missed on earnings,...

29 Apr 2020 ... Facebook reported first-quarter earnings of $4.9 billion, or $1.71 a share, compared with $2.43 billion, or 85 cents a share, in the year-ago period.

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