By admin Jul, 28, 2021 Editors Pick

Facebook had an impressive run this season with the stock and the stock is up 38.8% for the year. FB stock started the year selling at $268 per share and now it is worth $373.28 per share today at market close. The company released its earnings report after hours and the stock tanked 3.5 percent due to the future warnings.

Here’s how the company did:

• Earnings: $3.61 per share, adjusted, vs. $3.03 per share as expected by analysts, according to Refinitiv.
• Revenue: $29.08 billion, vs. $27.89 billion as expected by analysts, according to Refinitiv.
• Daily active users (DAUs): 1.91 billion, vs. 1.91 billion as expected by analysts, according to StreetAccount.
• Monthly active users (MAUs): 2.90 billion, vs. 2.91 billion as expected by analysts, according to StreetAccount.
• Average revenue per user (ARPU): $10.12, vs. $9.66 as expected by analysts, according to StreetAccount.

Tags: Facebook Boycott Civil Rights hate speech Stock market FB

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