Facebook Quarterly Earnings Top Expectations, Ad Revenue Rises 53 Percent - NBC4 Washington

Facebook Quarterly Earnings Top Expectations, Ad Revenue Rises 53 Percent

"Our business did well in 2016, but we have a lot of work ahead to help bring people together," Zuckerberg said in a statement

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    Facebook Quarterly Earnings Top Expectations, Ad Revenue Rises 53 Percent
    Facebook now has 1.146 billion daily mobile active users.

    Facebook reported quarterly earnings that beat analysts' estimates on Wednesday, and revenue that topped expectations, as ad revenue grew 53 percent in a quarter.

    Shares rose 3 percent after hours.

    Facebook's ad business zoomed higher, as retailers poured money into snagging customers during the busy holiday shopping season. Only Google rivals Facebook when it comes to digital advertising dominance.

    Facebook now has 1.146 billion daily mobile active users.

    Van Strikes Toronto Pedestrians, Leaving 10 Dead

    [NATL] Van Strikes Toronto Pedestrians, Leaving 10 Dead

    A van plowed into pedestrians on a sidewalk in Toronto Monday, leaving 10 people dead and 15 injured. The van fled the scene and the driver was taken into custody a short time later.

    (Published Tuesday, April 24, 2018)

    "Our business did well in 2016, but we have a lot of work ahead to help bring people together," Zuckerberg said in a statement.