Home › Facebook records strong engagement though slower growth in Q1
 

Keywords :   


Facebook records strong engagement though slower growth in Q1

2020-04-30 09:45:00| Telecompaper Headlines

(Telecompaper) Facebook reported more engagement on its social network as people were confined to their homes during the coronavirus pandemic. This resulted in strong growth metrics but the company cautioned that some of this engagement should lessen in the future as in-place restrictions ease. Revenues went up in the quarter but growth was affected by less demand for advertising, plus a related decline in the pricing of ads. The company will therefore give no specific guidance for the second quarter, just a "snapshot" of how it is faring so far.

Tags: records strong growth engagement

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
30.01Trump threatens tariffs on countries selling oil to Cuba
30.01Venezuelan MPs approve bill to open up oil sector to private firms
30.01Visit the North Sea oil field used to store greenhouse gas
30.01Why the US dollar hit a four-year low and could fall further
29.01Millions to get 150 off energy bills for further five years
29.01Millions to get 150 off energy bills for further five years
29.01Apple reports best-ever iPhone sales as Mac dips
29.01Venezuelan MPs approve bill to open up oil sector to private firms
More »