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Facebook warns revenue growth slowing, costs remain high

By Katie Paul and Munsif Vengattil on Jan 30, 2020 12:34PM
Facebook warns revenue growth slowing, costs remain high

Growth expected to slow further in coming months.

Facebook said on Wednesday that growth would continue to slow as its business matured and reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off. The news raised concerns that Facebook's best days were behind it, and ...

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By Katie Paul and Munsif Vengattil
Jan 30 2020
12:34PM
0 Comments

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