Facebook Q3 2020 Earnings – Strong Performance Marred by Lack of Forward Guidance

Facebook Q3 2020 Earnings – Strong Performance Marred by Lack of Forward Guidance

4 years ago
Anonymous $RGO3jP_V_c

https://wccftech.com/facebook-q3-2020-earnings/

Facebook (NASDAQ:FB) is again in the spotlight today as it gears up to announce its earnings for the third quarter of 2020 following yesterday’s tech-focused grilling by U.S. Senators.

For the three months that ended on the 30th of September, Facebook earned $21.47 billion in revenue, exceeding consensus expectations by 8.5 percent and registering an annual increase of 21.6 percent. This compares with the $18.6 billion that the company earned in the second quarter of 2020.

Facebook Q3 2020 Earnings – Strong Performance Marred by Lack of Forward Guidance

Oct 29, 2020, 9:44pm UTC
https://wccftech.com/facebook-q3-2020-earnings/ > Facebook (NASDAQ:FB) is again in the spotlight today as it gears up to announce its earnings for the third quarter of 2020 following yesterday’s tech-focused grilling by U.S. Senators. > For the three months that ended on the 30th of September, Facebook earned $21.47 billion in revenue, exceeding consensus expectations by 8.5 percent and registering an annual increase of 21.6 percent. This compares with the $18.6 billion that the company earned in the second quarter of 2020.