Ad revenues and e-commerce boom boost Facebook earnings but US users down from COVID surge

Facebook reported its Q3 earnings today, including revenues of $21.5 billion, and net income of $7.8 billion. The company earned $2.71 in per-share profit during the three-month period. Analysts had expected Facebook, the social giant, to earn a much-smaller $1.91 per-share off smaller revenues of $19.82 billion. The company also reported an average of 1.82 … Continue reading Ad revenues and e-commerce boom boost Facebook earnings but US users down from COVID surge