Press "Enter" to skip to content

Quarterly report: Facebook again with strong earnings and sales growth

By David Precht on October 30, 2020

Last updated on March 9, 2021

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

Just came in:  Today in Crypto: BitKeep Rebrands to Bitget Wallet, IOTA Launches ShimmerEVM Test Chain, Bitso Trippled US-Mexico Transactions in Partnership with Ripple

Published in General and Tech

David Precht
David Precht