Facebook steamrolled over the Cambridge Analytica scandal, posting another record quarter

Facebook steamrolled over the Cambridge Analytica scandal, posting another record quarter

6 years ago
Anonymous $CLwNLde341

https://qz.com/1262254/facebook-earnings-if-money-is-the-only-thing-that-matters-facebook-is-doing-more-than-fine/

Facebook posted its first earnings since the biggest scandal in the company’s 14-year history today (April 25), once again displaying a Teflon-like ability to repel just about any bad press.

The company generated $11.97 billion in first-quarter revenue, a 49% jump over the first quarter of 2017. That marks the second-strongest quarter in Facebook’s history, and its strongest first quarter ever. Analysts had expected the company to generate around $11.4 billion.

Facebook steamrolled over the Cambridge Analytica scandal, posting another record quarter

Apr 25, 2018, 10:18pm UTC
https://qz.com/1262254/facebook-earnings-if-money-is-the-only-thing-that-matters-facebook-is-doing-more-than-fine/ >Facebook posted its first earnings since the biggest scandal in the company’s 14-year history today (April 25), once again displaying a Teflon-like ability to repel just about any bad press. >The company generated $11.97 billion in first-quarter revenue, a 49% jump over the first quarter of 2017. That marks the second-strongest quarter in Facebook’s history, and its strongest first quarter ever. Analysts had expected the company to generate around $11.4 billion.