Facebook announced record profit on Wednesday despite the scandals it faced in 2018.
The company’s profit increased by 30% to $16,9 billion, surpassing analysts’ forecasts of $16.4 billion.
This increase in profits shows that digital advertisers still prefer the world’s biggest social media platform.
Facebook’s stock price increased more than 11% in the following hours.
Though exceeding all the expectations, it was the slowest revenue growth in the last 6 years.
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