Facebook Reports Third Quarter 2019 Results

Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended September 30, 2019. "We had a good quarter and our community and business continue to grow," said Mark Zuckerberg, Facebook founder and CEO. "We are focused on making progress on major social issues and building new experiences that improve people's lives around the world." Third Quarter 2019 Financial Highlights Three Months Ended September 30, Year-over-Year % Change In millions, except percentages and per share amounts 2019 2018 Revenue: Advertising $ 17,383 $ 13,539 28 % Payments and other fees 269 188 43 % Total revenue 17,652 13,727 29 % Total costs and expenses 10,467 7,946 32 % Income from operations $ 7,185 $ 5,781 24 % Operating margin 41 % 42 %

30 Oct 2019 ... Mobile advertising revenue – Mobile advertising revenue represented approximately 94% of advertising revenue for the third quarter of 2019, ...

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