POST Online Media Lite Edition



 

Facebook Q3 revenue $21.47 billion

Christian Fernsby |
Facebook Q3 revenue was $21.47 billion.

Article continues below



Topics: FACEBOOK   

In the U.S. and Canada, Facebook’s user base fell to 196 million daily active users from 198 million a quarter earlier.

The company said its U.S. and Canada user base had been elevated during the second quarter due to the impact of the coronavirus pandemic.

The company cautioned that it expects its user base in the U.S. and Canada to remain flat or decrease in the fourth quarter.

Its user base in Europe remained flat at 305 million daily active users for the third consecutive quarter.

Facebook said it counts 3.21 billion monthly users across its family of apps, compared to 3.14 billion in the previous quarter.


What to read next

Facebook Q4 revenue $12.97 billion
Facebook Q3 earnings increased 11%, revenue up 41%
Facebook Q1 adjusted EPS $.77, revenue $5.38 billion