A seven-year-old child is among those to have sadly died after testing positive for coronavirus.
Facebook Surpasses 2.6B Users But Misses Q1 Profit Target On Pandemic Ad Slowdown
29.04.2020 - 23:32 / deadline.com
By Dade Hayes
Finance Editor
Facebook topped Wall Street estimates for revenue in the first quarter with an 18% gain but missed targets for earnings per share.
Total revenue came in at $17.7 billion, while earnings of $1.71 per share missed analysts’ consensus by three cents.
The company said its daily active users rose 11% in March compared with the same month a year ago, reaching 1.73 billion. Monthly active users as of March 31 totaled 2.6 billion, up 10% from the same point in 2019.
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