Facebook recorded rising revenue and profits in the first quarter as advertisers were undeterred by controversies around the site’s mishandling of user data and struggles to police its platform.
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Facebook might be weathering more headwinds than you can shake a stick at right now, but that didn’t stop it from posting gangbuster earnings on Wednesday. Revenue for the quarter clocked in at $11.97 billion, up 49% year over year – beating the Street’s estimate of $11.41 billion. How does Facebook make its money? Senator,… Continue reading »
The post Facebook’s Revenue Is On Track In Spite Of Data Woes appeared first on AdExchanger.
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