The revenue results crushed Wall Street estimates of $16.5 billion and also increased 28% YoY. The upbeat revenue results came on the back of growth in daily as well as monthly user growth, advertising, and payments revenues. Facebook earned $262 million from its payments and other fees in the second quarter, up 36% YoY. Read More...
Facebook’s Q2 Revenue Growth Accelerated: Here’s Why
The revenue results crushed Wall Street estimates of $16.5 billion and also increased 28% YoY. The upbeat revenue results came on the back of growth in daily as well as monthly user growth, advertising, and payments revenues. Facebook earned $262 million from its payments and other fees in the second quarter, up 36% YoY.
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