Following record FTC fine, Facebook stock pops on Q2 earnings beat

Hours after receiving a record $5 billion FTC fine on privacy violations, Facebook delivered a Q2 earnings beat with revenue of $16.9 billion with $1.99 adjusted EPS compared to the Zacks Consensus Estimate of $1.90 EPS on revenue of $16.45 billion. Facebook reported it has 1.59 billion DAUs and 2.1 billion daily active users of … Continue reading Following record FTC fine, Facebook stock pops on Q2 earnings beat