Facebook Tuesday reported fourth-quarter revenue of $21.08 billion, up 25% from the year earlier and above Wall Street expectations of $20.8 billion. Advertising revenue, the bulk of it, also surge…
Tuesday reported fourth-quarter revenue of $21.08 billion, up 25% from the year earlier and above Wall Street expectations of $20.8 billion. Advertising revenue, the bulk of it, also surged 25% also to $20.7 billion
Ticking off key metrics, Facebook said daily active users were 1.66 billion on average for December 2019, an increase of 9% year-over-year. Facebook monthly active users were 2.5 billion, up 8%. Facebook explained that family metrics estimate the underlying number of unique people using one or more ofA DAP is a registered and logged-in user of one or more Family products who visited at least one of these products through a mobile device application or using a web or mobile browser on a given day.
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