Facebook misses expectations for cost control, shares tumble

Facebook misses expectations for cost control, shares tumble

5 years ago
Anonymous $-riAjkQg_1

https://www.reuters.com/article/us-facebook-results/facebook-misses-expectations-for-cost-control-shares-tumble-idUSKBN1ZS301

Facebook Inc reported a decline in fourth-quarter operating margins on Wednesday, missing Wall Street's expectations that it would level off spending to improve privacy and content across its apps, and revenue growth was the slowest ever.