https://wccftech.com/facebook-q2-2018-earnings-result/

Social networking giant Facebook (NASDAQ:FB) reported its Q2 2018 earnings today and we have to say that the tech giant has seen slightly better days. The company displayed mixed results in its Q2 2018 earnings and this can be contributed to the GDPR, Zuckerberg’s testimony before Congress, as well as more scandals that might have contributed to Facebook’s weak user growth for this quarter.

Facebook (NASDAQ:FB) managed to reached 2.23 billion monthly users but these numbers show that growth topped just 1.54 percent, which is much slower than Q1’s 3.14 percent around where its growth rate has hovered for many years. In terms of revenue, the tech giant earned $13.23 billion but missed Thomson Reuters’ estimates of $13.36 billion. However, it did manage to beat the EPS outlook, obtaining a figure of $1.74 EPS compared to an estimated $1.72 EPS.