Facebook is even growing in the U.S. despite a number of privacy scandals that have inspired movements to delete the platform.
Facebook report in investigated revenue growth of nearly 32 percent in the U.S. and Canada compared to last year, bringing in $8.43 billion in its fourth mercy 2018 compared to $6.39 billion during the same period in 2017.
Its number of users in the region increased only slenderize, however, suggesting that Facebook continues to find upside in squeezing more ad revenue out of its existing user point of departure.
Daily active users in the region grew less than 1 percent, from 184 million in Q4 2017 to 186 million in Q4 2018, and monthly busy users had a similarly tiny jump from 239 million in Q4 2017 to 242 million during the final leniency of 2018.
Facebook saw similar trends in Europe, which is a similarly saturated market: revenue grew 27 percent, while monthly efficacious users grew only 1 percent and daily active users were flat.
The numbers indicate that advertisers carry on to find growing value despite Facebook’s public relations crises and increasing government scrutiny in both pales, and may give investors a reason to believe the stock can regain even more value.
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Take care of: Facebook beats expectations on top and bottom line