At 6,8 billion euros the profits of the largest social networking medium, and an increase in the number of its users.
Η Facebook's crisis does not seem to have discouraged its fanatical followers. The numbers even show the opposite, both in terms of the number of its users and its financial situation.
In fact, neither the users nor the advertisers and advertisers have abandoned the biggest social media.
Its monthly users Facebook - those who use it at least once a month - reached 2,32 billion in the fourth quarter of 2018, showing an increase of 9% compared to the last quarter of 2017, while daily users reached 1,52 billion.
Despite the scandals and the constant criticism against it, Facebook's financial results exceeded the expectations of analysts and investors.
Its revenue (almost all from advertising) in the fourth quarter of 2018 increased by 30%, reaching 16,9 billion euros, while its profits amounted to 6,88 billion euros or 2,38 dollars per share (compared to 1,44, $ XNUMX per share a year ago).
As a result, according to Reuters, the BBC and the Financial Times, citing the APE-MPE, Facebook shares - which had lost almost a third of their value since last July - moved sharply higher after the announcement, gaining almost 12%.
The increase in users was significant in some countries (especially in India, Indonesia and the Philippines), but much smaller in others (USA), while in Europe, where monthly users had decreased in two consecutive quarters of 2018, they recovered reaching record number of 381 million in the last quarter of 2018.
An important new source of advertising revenue is Instagram, which belongs to Facebook, while the number of Facebook employees reached 35.587 at the end of 2018, an increase of 42% compared to the end of 2017.
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