Facebook Quarterly Profit
- All
- News
-
Meta's Facebook Reports 3.03 Billion Monthly Active Users in Q2 2023, Posts Strong Rise in Advertising Revenue
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by reviving digital ad business. Meta reported a profit of $7.8 billion (roughly Rs. 63,949 crore) on $32 billion (roughly Rs. 2,62,358 crore) in revenue during Q2, as the number of people using Facebook monthly rose to 3.03 billion.
-
Facebook Parent Meta's Earnings Beat Market Expectations As Ads Revive
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business.
-
Meta Earnings Better Than Expected After Restructuring Hiccups
Facebook-parent Meta on Wednesday reported it made a profit of $5.7 billion dollars in the first quarter of this year, beating forecasts after a massive wave of cost-cutting and layoffs.
-
Facebook Parent Meta Mints $5.7 Billion in Profits in First Quarter After Wave of Layoffs, Cost-Cutting
Shares in Facebook parent Meta surged Wednesday after the internet titan reported it made a profit of $5.7 billion (roughly Rs. 46,500 crore) in the first quarter of this year, beating forecasts after a massive wave of cost-cutting and layoffs.
-
Amazon Records Greatest Single-Day Surge in Value With $190 Billion Gain
Amazon gained a whopping $190 Billion on Friday, recording the company’s biggest single-day gain of 13.5 percent, following a blockbuster quarterly earnings report.
-
Facebook Whistleblower Frances Haugen 'Extremely Concerned' by Metaverse
Facebook whistleblower Frances Haugen said she was "extremely concerned" about the company's plans to build a "metaverse" because of privacy problems.
-
'Facebook Papers' Hit as Platform Reports Over $9 Billion in Quarterly Profit
Facebook announced over $9 billion (roughly Rs. 67,550 crore) in quarterly profits, hours after a US news collective published a deluge of withering reports arguing the company prioritises its growth over people's safety.
-
Facebook Reports Quarterly Profit Of Over $9 Billion; Users Rise To 2.91 Billion
Facebook's former employee Frances Haugen leaked reams of internal studies showing executives knew of their sites' potential for harm, prompting a renewed US push for regulation
-
Google Parent Alphabet Reaches Record Quarterly Revenue, Profit in Advertising Boom
Google parent Alphabet's quarterly revenue and profit surged to record highs, powered by a rise in advertising spending as more consumers shopped online.
-
Facebook Benefits From Pandemic Ad Spending but Warns Apple Privacy Policies Could Spoil Its Party
Facebook beat Wall Street expectations for both quarterly revenue and profit but warned that growth later this year could "significantly" decline as new Apple privacy policies will make it more difficult to target advertisements.
-
Amazon, Alphabet, Facebook Post Strong Profits Amid Pandemic; Apple Sees Dip Due to Weak iPhone Sales
Big Tech powerhouses delivered robust quarterly earnings reports, leveraging the needs of pandemic-hit consumers amid heightened scrutiny of their economic power.
-
Big Tech Firms See Robust Results in Pandemic-Hit Quarter
Big Tech firms delivered robust Q2 results, underscoring growing consumer reliance on giants like Amazon during the pandemic as well as their extraordinary economic power — the subject of a heated US congressional hearing a day earlier.
-
Facebook Q2 Profit Nearly Doubles as Monthly Active Users Top 3 Billion
Facebook reported that its quarterly profit had nearly doubled, and users grew despite a boycott by advertisers and the pandemic-induced economic turmoil. He said that the number of people using Facebook’s overall family of apps each month topped three billion.
-
Facebook June Quarter Profit Nearly Doubles Despite Ad Boycott
The number of people using the Facebook platform monthly rose to 2.7 billion.
-
Facebook Sets Aside $3 Billion Fine Over Cambridge Analytica Case
Facebook Inc on Wednesday blew past Wall Street profit estimates in the first quarter and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal probe.
-
Meta's Facebook Reports 3.03 Billion Monthly Active Users in Q2 2023, Posts Strong Rise in Advertising Revenue
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by reviving digital ad business. Meta reported a profit of $7.8 billion (roughly Rs. 63,949 crore) on $32 billion (roughly Rs. 2,62,358 crore) in revenue during Q2, as the number of people using Facebook monthly rose to 3.03 billion.
-
Facebook Parent Meta's Earnings Beat Market Expectations As Ads Revive
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business.
-
Meta Earnings Better Than Expected After Restructuring Hiccups
Facebook-parent Meta on Wednesday reported it made a profit of $5.7 billion dollars in the first quarter of this year, beating forecasts after a massive wave of cost-cutting and layoffs.
-
Facebook Parent Meta Mints $5.7 Billion in Profits in First Quarter After Wave of Layoffs, Cost-Cutting
Shares in Facebook parent Meta surged Wednesday after the internet titan reported it made a profit of $5.7 billion (roughly Rs. 46,500 crore) in the first quarter of this year, beating forecasts after a massive wave of cost-cutting and layoffs.
-
Amazon Records Greatest Single-Day Surge in Value With $190 Billion Gain
Amazon gained a whopping $190 Billion on Friday, recording the company’s biggest single-day gain of 13.5 percent, following a blockbuster quarterly earnings report.
-
Facebook Whistleblower Frances Haugen 'Extremely Concerned' by Metaverse
Facebook whistleblower Frances Haugen said she was "extremely concerned" about the company's plans to build a "metaverse" because of privacy problems.
-
'Facebook Papers' Hit as Platform Reports Over $9 Billion in Quarterly Profit
Facebook announced over $9 billion (roughly Rs. 67,550 crore) in quarterly profits, hours after a US news collective published a deluge of withering reports arguing the company prioritises its growth over people's safety.
-
Facebook Reports Quarterly Profit Of Over $9 Billion; Users Rise To 2.91 Billion
Facebook's former employee Frances Haugen leaked reams of internal studies showing executives knew of their sites' potential for harm, prompting a renewed US push for regulation
-
Google Parent Alphabet Reaches Record Quarterly Revenue, Profit in Advertising Boom
Google parent Alphabet's quarterly revenue and profit surged to record highs, powered by a rise in advertising spending as more consumers shopped online.
-
Facebook Benefits From Pandemic Ad Spending but Warns Apple Privacy Policies Could Spoil Its Party
Facebook beat Wall Street expectations for both quarterly revenue and profit but warned that growth later this year could "significantly" decline as new Apple privacy policies will make it more difficult to target advertisements.
-
Amazon, Alphabet, Facebook Post Strong Profits Amid Pandemic; Apple Sees Dip Due to Weak iPhone Sales
Big Tech powerhouses delivered robust quarterly earnings reports, leveraging the needs of pandemic-hit consumers amid heightened scrutiny of their economic power.
-
Big Tech Firms See Robust Results in Pandemic-Hit Quarter
Big Tech firms delivered robust Q2 results, underscoring growing consumer reliance on giants like Amazon during the pandemic as well as their extraordinary economic power — the subject of a heated US congressional hearing a day earlier.
-
Facebook Q2 Profit Nearly Doubles as Monthly Active Users Top 3 Billion
Facebook reported that its quarterly profit had nearly doubled, and users grew despite a boycott by advertisers and the pandemic-induced economic turmoil. He said that the number of people using Facebook’s overall family of apps each month topped three billion.
-
Facebook June Quarter Profit Nearly Doubles Despite Ad Boycott
The number of people using the Facebook platform monthly rose to 2.7 billion.
-
Facebook Sets Aside $3 Billion Fine Over Cambridge Analytica Case
Facebook Inc on Wednesday blew past Wall Street profit estimates in the first quarter and set aside $3 billion to cover a settlement with U.S. regulators, calming investors who had worried about the outcome of a months-long federal probe.
