Facebook Hits 1.88 Billion Daily Active Users

[Blue_Adept]

Quick! Delete those accounts!

Facebook hit 2.85 billion monthly active users, or MAUs, last quarter (up 10%) and 1.88 billion daily users (up 8%) as ad-driven revenue surged 48% to $26.2 billion, crushing forecasts

Earnings per share of $3.30 — up 93% – were also a beat as the social media giant’s advertising muscle powers through the cloud of antitrust lawsuits, Congressional critics and heat from Apple CEO Tim Cook — as that tech reports dueling quarterly earnings this afternoon.

Facebook’s numbers were a beat but not a surprise after stellar digital ad sales reported by Google yesterday and by Snap last week showing a strong market.

Link to tweet

https://deadline.com/2021/04/facebook-daily-active-users-2-85-monthly-actives-in-q1-advertising-sales-lawsuits-congress-apple-1234746066/

[underpants]

1. A lot of those are people who I have no idea how I might know them.