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Facebook Q2 Revenue up 28pct to $16.9 Billion

4:13 pm on Jul 25, 2019 (gmt 0)

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Facebook has reported revenues of almost $16.9 billion, up 28% Year-on-Year.

Clearly, a strong financial performance, even taking into account a $2 billion legal expense in an FTC settlement.

Facebook is still showing growth in Daily active users, up 8% Y-o-Y, although, I wonder how much of that is legitimate and not some of the scammers. [webmasterworld.com...]

Facebook Q1 Revenue up 26pct to $15.08 Billion [webmasterworld.com]
8:06 am on July 26, 2019 (gmt 0)

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votes: 12

The headline in s Spanish newspaper was "Facebook's profits increase despite fines for privacy breaches".

It seems to assume the Facebook business implies privacy violatons and its correspondant fines.

Two centuries back, the headline should have been "Billy the Kid robberies increased despite some shoots received". :-D