Facebook beats in Q3 with $4.7B profit and 2.07B users despite Russia’s shadow

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Wednesday, 1 November 2017

Facebook beats in Q3 with $4.7B profit and 2.07B users despite Russia’s shadow

Wednesday, 1 November 2017 by Muhammad Ifzal

Facebook is still in the middle of its House Intelligence Committee hearing about Russian election interference, but the looming concerns over misuse haven’t dampened its business. Facebook announced Q3 2017 earnings today, continuing its streak of beating estimates. Facebook earned $10.3 billion in revenue and $1.59 GAAP actual EPS, compared to estimates of $9.84 billion in revenue… Read More