Facebook profit beats Wall Street, shares jump after hours

Facebook profit beats Wall Street, shares jump after hours

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-facebook-results/facebook-profit-beats-wall-street-shares-jump-after-hours-idUSKCN1PO2WH

Facebook Inc on Wednesday reported its slowest quarterly revenue growth in more than six years as a public company but easily beat Wall Street's profit estimates, soothing investor concerns that rising costs would blunt growth.

Facebook profit beats Wall Street, shares jump after hours

Jan 30, 2019, 11:11pm UTC
https://www.reuters.com/article/us-facebook-results/facebook-profit-beats-wall-street-shares-jump-after-hours-idUSKCN1PO2WH >Facebook Inc on Wednesday reported its slowest quarterly revenue growth in more than six years as a public company but easily beat Wall Street's profit estimates, soothing investor concerns that rising costs would blunt growth.