Facebook: exceed expectations in Q3

(CercleFinance.com) - On Tuesday Facebook announced Q3 2018 earnings growth of 9% to 5.
1 billion dollars, or 1.76 dollar per share, against a consensus of about thirty cents less.

Social network revenue grew by one-third to over 13.7 billion dollars, mostly from advertising on mobile telephones (92% of advertising revenue), with average monthly user numbers increasing 10% to 2.27 billion.

Our community and business are continuing to grow rapidly, with over two billion people now using at least one of our services every day, said founder and CEO and Mark Zuckerberg.



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