Facebook Revenue Growth Rate

Excluding these charges facebook s earnings per share for the period were 1 99 up 14 year over year data reactid 29 facebook s revenue rose 28 year over year an acceleration compared to 26 year over year growth in q1.

Facebook revenue growth rate. Impressive revenue and earnings growth. Cumulative revenue growth comment. Fb stock analyst estimates including earnings and revenue eps upgrades and downgrades. Facebook annual quarterly gross profit history and growth rate from 2009 to 2020.

This growth rate marked an acceleration from 28 growth in q2 and 26 growth in q1. So much for management s guidance in its first quarter earnings call for revenue growth rates. A slow down in the facebook inc s revenue growth from the 18687 growth in jun 30 2020. In a surprise twist facebook s nasdaq.

Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services. Facebook stock was down more than 2 on thursday after the company reported a decrease in users in the u s. This compares to 16 89 billion in q2 2019 a 5 increase and 13 727 in q3 2018 a 29 increase. Facebook revenue for q3 2019 came to a stately 17 65 billion.

Facebook s revenue jumped 29 year over year to 17 7 billion. Fb top line growth rate accelerated in the company s second quarter so much for management s guidance in its first quarter earnings call for revenue. In a surprise twist facebook s top line growth rate accelerated in the company s second quarter. Facebook annual quarterly revenue history and growth rate from 2009 to 2020.

With the quarterly revenue reported in the sep 30 2020 period facebook inc s cumulative twelve months revenue were 78 976 millions company would post below average annual revenue growth of 6 27 year on year if the fiscal year would end at sep 30 2020. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.