Facebook hits 2.5B users in Q4 but shares sink from slow profits – TechCrunch
Facebook beat Wall Street estimates in Q4 but slowing profit growth beat up the share price. Facebook reached 2.5 billion monthly users, up 2%, from 2.45 billion in Q3 2019 when it grew 1.65%, and it now has 1.66 billion daily active users, up 2.4% from 1.62 billion last quarter when it grew 2%. Fa…
Jan 29, 2020 ... Facebook's Q4 2019 earnings beat expectations compared to Zack's consensus estimates of $20.87 billion in revenue and $2.51 earnings per ...