... [+]Getty Imagesthat beat analyst revenue expectations but showed a steep rise in expenses on the year.
The company reported revenue rose 25% to $21.1 billion, beating Refinitiv forecasts of $20.9 billion. Net income increased 7% to $7.3 billion, or $2.56 a share, topping forecasts for $2.53. But expenses rose 34% year-over-year during the quarter to $12 billion as its headcount swelled to nearly 45,000.
Facebook continues to report positive quarterly numbers despite being embroiled in multiple legal controversies, which include scrutiny over its proposed
MichaelFNunez
MichaelFNunez He still has billions left. Doesn’t he?
MichaelFNunez
MichaelFNunez Xi Jinping : ' PERSONAL DATA THEFT. For a financial compensation of the USERS by Google, Facebook Microsoft and by any company collecting personal data users (our property) for the exploitation, spying & the resale of our personal data '
MichaelFNunez The 20M + from the Rep re-election campaign not looking so good now?
MichaelFNunez People can lose and still be billionaires, just wow!
MichaelFNunez
MichaelFNunez That is a lot of Sweet Baby Rays
MichaelFNunez Boohoo
MichaelFNunez I lost a MetroCard with $14 on it. My loss was greater.
MichaelFNunez The fact that one person has $5 billion to lose.
MichaelFNunez Boo Hoo 😭
MichaelFNunez To bad he’s only worth 77 Billion now. Poor guy! 😂
MichaelFNunez
MichaelFNunez Oops! Storm surge time.
MichaelFNunez poorguy. He’ll need to make some hard choices in his family budget now.
MichaelFNunez Ohhh
MichaelFNunez Eric Ciaramella is the whistleblower
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