Facebook Strong Ad Revenue Growth

Discussion in 'Stock Market Forum' started by Rob Phill, Nov 2, 2017.

  1. Rob Phill

    Rob Phill Member

    Joined:
    May 2017
    Posts:
    20
    Likes Received:
    0
    Facebook had warned of a decline in its revenue, as it reduced the number of ads in the users' feed, and worked on making video ads as its huge focus. Despite this shift, the company posted 47% growth in its revenue, with ad revenue up 49% to $10,142MM.

    Take a look at this graph http://alph.st/bbd28012
     
  2. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    78
    Likes Received:
    2

Share This Page