Facebook quarterly revenue beats estimates
Facebook Inc beat analysts' estimates for quarterly revenue on Thursday, as more businesses used its digital advertising tools to tap a surge in online traffic during the coronavirus pandemic. Shares of the world's biggest social network jumped 4% in extended trading. Revenue growth at Facebook, the world's second-biggest seller of online ads after Alphabet's Google, had been cooling even prior to the pandemic as its business matured, although it still came in at more than 20% throughout 2019.
31 Jul 2020 ... Facebook Inc beat analysts' estimates for quarterly revenue on Thursday, as more businesses used its digital advertising tools to tap a surge in ...