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Quarterly report: Facebook again with strong earnings and sales growth

Facebook has recovered well in the third quarter.

Facebook headquarters (Image: OSH EDELSON / AFP via Getty Images)

Facebook’s revenue rose 22 percent year-over-year to $ 21.2 billion. The company announced this on October 29, 2020 after close of trading on the New York Stock Exchange (PDF) . Profits grew 29 percent to $ 7.85 billion. The number of daily active Facebook users rose by 30 million to around 1.82 billion.

Source: golem.de