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Facebook's Sales Jump; Shares Drop on 2021 'Uncertainty'.

Authors :
Frier, Sarah
Source :
Bloomberg.com; 1/27/2021, pN.PAG-N.PAG, 1p
Publication Year :
2021

Abstract

Facebook's Sales Jump; Shares Drop on 2021 "Uncertainty" (Bloomberg) -- Facebook Inc.'s fourth-quarter sales jumped 33%, with online shopping during the pandemic fueling demand for digital ads on its social networks. Facebook posted fourth-quarter net income of $11.2 billion, or $3.88 a share, compared with the $3.22-per-share analyst estimate. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
148339232