Facebook Quarterly Earnings Top Expectations, Ad Revenue Rises 53 Percent - NBC New York

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.

    Raqqa's Devastation Shows Entire Neighborhoods Destroyed

    [NATL] Raqqa's Devastation Shows Entire Neighborhoods Destroyed

    Shells of buildings, concrete slabs littering dust-choked streets and destroyed cars are all that is left of whole neighborhoods in Raqqa, Syria, after weeks of fighting and bombings between Islamic State militants and the Kurdish-led Syrian Democratic Forces, backed by the U.S.

    (Published Friday, Oct. 20, 2017)

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