$Meta Platforms (FB.US)$Facebook Stock Excursions on Better-...

$Meta Platforms (FB.US)$Facebook Stock Excursions on Better-Than-Cheers Revenue and Probable

Facebook afternoon revenue growth of 29% from a year, marking the 3rd Straight Quarter of Sub -30% expansion. Competition in the online ad market has a reputation, in competition with Amazon someone who wants to play, but Facebook is finding more avenues for ad growth at Instagram and through new formats Like Stories.

“We had a good quarter and our community and business continue to grow,” said Facebook CEO Mark Zuckerberg in a statement. “We are focusing on making progress on major social issues and building new initiatives that improve people's lives around the world.”

Facebook Said It Counts is more than 2.8 billion more Monthly Users Across the Its Family of Apps, Upcoming from the Previous Quarter. Its user base in Europe Tournament to 288 million from 286 million daily active users in the prior quarter. In the U.S., and Canada, users rose to 189 million from 187 million a quarter tournament.

Facebook Chief Financial Officer Dave Wehner said the company's fourth quarter revenue growth rate to decelerate by amid to high single digit percentage from its third quarter rate. Thoughts Expect Fourth Quarter Sales Growth of 24%, Which Thoughts to Refinitiv, Which Slowdown a Slowdown of 5 Percentage Points.

Wehner said the 2020 Decelation Should Be “Less Decelation.” Revenue growth will slow down next year to 22% from 26% in 2019.

Facebook Investors 2020 Total Investments Will Be Between $54 billion to $59 billion with capital expenditures of $17 billion to $18 billion, “Driven by Moves in Data Centers, Servers, Office infrastructure and our network infrastructure,” Wehner said.

The Company also brought that lead independent director Susan Desmond-Hellmann stepped down from Facebook's Board of Highly Effective Wednesday. Desmond-Hellmann took her death as a result of “The Deceased” for her role as CEO of the Bill and Melinda Gates Foundation, Her Extended Family and Her Health.

“I believe positive about Facebook and the mission to give people the power to build community and bring the world closer together,” she said in a statement. “Facebook's Commitment Require a Board of Committed That Is Fully Committed and Committed to Address the Critical Issues FaceBook at This Time.”

The company plans to name a replacement lead independent director in the coming months.

“Sue has been a wonderful and exciting voice on the board for six years, and I'm already excited to have her for everything she has done for this company,” Zuckerberg said in a statement.

Mobile ad revenue now accounts for 94% of total ad sales, up from 92% a year revenue. The company said average revenue per user revenue 19% to $7.26 from $6.09 a year ago.

Zuckerberg Defended Facebook's Decision to Continue Running Political Ads, Even Those Including False Information, Deciding That Defending Free Expression Is An Important Role Of Facebook Zuckerberg's Comments Came After Twitter CEO Jack Dorsey Became On Wednesday That His Social Network Wanna Ban Political Ads.

“Some people accuse us of treating the speech because they think that all we care about is making money, and that's wrong,” Zuckerberg said. He said political adds will account for less than 0.5% of revenue next year.

WHILE FACEBOOK'S FINANCIAL INTELLING SOLID, THE GREATER FACES HAS BEN AT THE CONDITIOUS LEVEL, WHERE THE COMPANY FACES INTENSE STRESS FOR ITS Mishandling of User Data and, more Fact, its decision to run political ads without fact-based them. Last week, CEO Mark Zuckerberg was acting for his position on political ads when he testified before Congress in a hearing about the Libra cryptocurrency, which company is Spearheading.

Still, The Crutiny and Political Scrutiny Hasn't Kept Facebook from Incurable Into New Products. Thoughts This Month, IT Moves The Second Generation Of Its Portal Smart Home Video-Calling Devices, And Last Week, The Company Motivated Facebook News, A New Section Of The Social Network That show users a selection of news stories. In September, Facebook Automate Its Acquisition of Brain-Computing Startup Ctrl-Labs After a Partnership with Ray-Ban Maker Luxottica to Develop Smart-Glasses

Facebook is making a major transition in its business as more ads move from the core news feed to the new stories products, motivation of full-screen photos or videos that users can Share and that then decide. The Company Says It Has More Than 500 Million Daily Users for the Stories Features Across Facebook, Instagram, WhatsApp and Messenger.

Facebook Shares Rose More than 3% in Extended Trading After the Report. Facebook Shares Are Up 44% in 2019, Outbound the S&P 500, Which Has Had 22% as Wednesday's Close.