Facebook beats on profit as cost growth slows; shares rise

Facebook beats on profit as cost growth slows; shares rise

5 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-facebook-results/facebook-beats-on-profit-as-cost-growth-slows-shares-rise-idUSKBN1X92H6

Facebook Inc reported better-than-expected quarterly revenue on Wednesday and a rise in profit as growth in expenses slowed from a year earlier and the number of users ticked higher, assuaging investor fears of fallout from fierce scrutiny by regulators and lawmakers.

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