0
Wireless

Facebook shows no sign of slowdown with Q4 revenues up 47%

Wednesday 31 January 2018 | 23:08 CET | News
Facebook showed little slowdown in its growth in the fourth quarter, despite recent warnings of increased costs for security and policing content on the social network. Revenues rose 47 percent year-on-year to USD 12.97 billion, and operating profit jumped 61 percent to USD 7.35 billion.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet / Mobile & Wireless
Companies: Facebook
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Facebook profit jumps 63% in Q1, grows to 2.2 bln monthly users

Published 25 Apr 2018 22:57 CET | World
Facebook reported a strong increase in sales and earnings in the first quarter, with growth rates accelerating from the previous ...

Facebook Q4: aantal gebruikers Noord-Amerika stagneert maar groei hoog en marges scherp hoger

Published 01 Feb 2018 07:38 CET | World
Facebook behaalde over Q4 2017 een omzetgroei van 47 procent tot 12,98 miljard US dollar. De advertentie-inkomsten stegen met 48 ...

Facebook poaches Eurosport CEO to drive global sports deals - report

Published 22 Jan 2018 11:39 CET | World
Facebook is understood to have hired Eurosport CEO Peter Hutton to lead its multi-billion dollar drive to secure streaming rights ...

Facebook revamps News Feed to focus on friends and family

Published 12 Jan 2018 10:51 CET | World
Facebook has announced that it's embarking on a year-long overhaul of the types of posts, videos and photos seen by its 2 billion ...

Facebook CEO pledges to fix platform's hate speech, fake news issues in 2018

Published 05 Jan 2018 10:22 CET | World
Facebook CEO Mark Zuckerberg announced that his personal challenge for 2018 is to focus on fixing important issues affecting the ...

Facebook warns for drop in margins on increased security costs

Published 01 Nov 2017 22:54 CET | World
Facebook has warned its profitability will suffer as it invests more in security on its platforms. However, its latest quarterly ...

Facebook buys positive feedback app TBH

Published 17 Oct 2017 08:52 CET | World
Facebook has acquired the app TBH for an undisclosed amount, the latter confirmed. The takeover gives it another brand to add to ...

Facebook to launch USD 199 wireless 'Oculus Go' VR headset

Published 12 Oct 2017 08:54 CET | World
Facebook CEO Mark Zuckerberg has confirmed at the annual developers conference of its Oculus division that the company will ...

Facebook withdraws plan for new class of shares giving Zuckerberg control

Published 25 Sep 2017 10:48 CET | World
Facebook has withdrawn a proposal to create a new class of its shares in order to give CEO Mark Zuckerberg continued voting ...

Facebook ready to spend USD 1 bln on original video in 2018 - report

Published 11 Sep 2017 08:54 CET | World
Facebook is prepared to spend up to USD 1 billion on original TV shows next year in a bid to compete with Netflix, Amazon and HBO ...





Calendar   /   Industry Events

18 Nov CRU World Optical Fiber & Cable Conference
18 Nov MEF19
19 Nov Gilat Satellite Networks Q3 2019
19 Nov MTS Q3 2019
19 Nov Qualcomm analyst day
19 Nov Connections Europe
19 Nov Connected Germany
20 Nov Avaya fiscal Q4
20 Nov Inmarsat Q3 2019
20 Nov Poly investors day
20 Nov Netgear analysts meeting
20 Nov Line developer day
20 Nov Sigfox Connect 2019
20 Nov NexTV Series Central Europe
21 Nov A3 results for Q3
21 Nov Ooma fiscal Q3
22 Nov FCC meeting
25 Nov Palo Alto fiscal Q1
25 Nov MTS Investor Day
26 Nov Analog Devices fiscal Q4
26 Nov Marvell Technology fiscal Q3
26 Nov Partner Communications Q3 2019
26 Nov Tech Data fiscal Q3
26 Nov Dell Technologies fiscal Q3
26 Nov VMware fiscal Q3
26 Nov Telekom Malaysia Q3 2019
::: More Calendar Items