But not all the numbers are rosy.
Facebook Inc. may have a target on its corporate back, but it continues to steam forward. Its stock jumped as much as 5% in after-hours trading Wednesday after the company announced third-quarter results that soundly beat analysts’ earnings estimates and topped revenue forecasts.
Facebook FB, -0.56% also announced the departure of board member Susan Desmond-Hellmann, CEO of the Bill and Melinda Gates Foundation, after six years for personal and health reasons. Her replacement to the seven-member board is expected “over the coming months,” Facebook said in an SEC filing.Monthly active users , a key barometer of the company’s growth, improved 8% to 2.45 billion, as FactSet analysts predicted.
“We face major regulatory and social issues,” Zuckerberg acknowledged during the conference call. He repeated his preference for a “very set level” of federal rules.
France Dernières Nouvelles, France Actualités
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