Facebook survives Q4 with slowing 1.4B daily users but record $12.97B revenue

Despite worries about Russia and that passive News Feed scrolling hurts us, Facebook beat expectations again in its Q4 2017 earnings report. Facebook now has 1.4 billion daily users, up 2.18% compared to growing 3.8% to 1.37 billion users in Q3. That’s a sizeable slow down. It reached $12.97 billion in revenue with $2.21 adjusted GAAP earnings per share if you don’t count a massive… Read More