30-10-2019 21:15 via feedproxy.google.com

Facebook shares rise on strong Q3, users up 2% to 2.45B

Despite ongoing public relations crises, Facebookkept growing in Q3 2019, demonstrating that media backlash does not necessarily equate to poor business performance.
Facebook reached 2.45 billion monthly users, up 1.65%, from 2.41 billion in Q2 2019 when it grew 1.6%, and it now has 1.62 billion daily active users, up 2% from 1.587 billion last quarter when it grew 1.6%. Facebook scored $17.652 billion of revenue, up 29% year-over-year, with $2.12 in earnings per share.Facebook’s earnings
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