Facebook beats in Q1 and boosts daily user growth to 1.45B amidst backlash

Amongst massive criticism over data privacy, Facebook showed the resiliency of its advertising machine by beating Wall Street’s $11.41 billion revenue estimate in its Q1 2018 earnings report by raking in $11.97 billion in revenue with $1.69 EPS compared to the $1.35 estimate. Facebook added 48 million daily active users to hit 1.449 billion, up … Continue reading Facebook beats in Q1 and boosts daily user growth to 1.45B amidst backlash