Facebook June Quarter Profit Nearly Doubles Despite Ad Boycott

The number of people using the Facebook platform monthly rose to 2.7 billion.

Facebook June Quarter Profit Nearly Doubles Despite Ad Boycott

Facebook reported on Thursday that its quarterly profit had nearly doubled and users grew despite a boycott by advertisers.

The leading social network said it made $5.2 billion on $18.7 billion in revenue in the recently ended quarter, as the number of people using the platform monthly rose to 2.7 billion.