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Facebook smashes revenue estimates amid pandemic, forecasts ad growth

By Katie Paul and Subrat Patnaik

Jul 31 2020 1:42PM

As users spend more time online.

Facebook smashes revenue estimates amid pandemic, forecasts ad growth

Facebook beat analysts' estimates for quarterly revenue on Thursday and forecast similar growth ahead, as businesses tapped its digital ads tools despite an unprecedented boycott and the economic upheaval of the coronavirus pandemic. Facebook shares jumped 7 percent in extended trading after the ...

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