Mark Zuckerberg got candid on Facebook’s Q3 2018 earnings

Mark Zuckerberg got candid on Facebook’s Q3 2018 earnings

Particularly important to Facebook are user numbers in the US, which remains by far the company’s most profitable market.

US daily users are stable, for now, but in Europe—the second most lucrative region for the company—Facebook lost 1 million users in the quarter, an expected fallout from the region’s new sweeping privacy laws.

Facebook gained the most users in the less profitable Asia-Pacific and “Rest of World” regions, as the company defines them.

Whether the company loses even more users over its October discovery of coordinated misinformation attacks by Iran and Russia remains to be seen.

Tuesday’s earnings report is only for the months through September.

Quartz

https://qz.com/1442645/mark-zuckerberg-got-candid-on-facebooks-q3-2018-earnings/amp/

Facebook Profit Beats Wall Street Forecasts, Calming Concern – Bloomberg

https://www.bloomberg.com/news/articles/2018-10-30/facebook-misses-sales-estimates-shares-slide-in-extended-trade