Facebook Q3 Earnings Takeaways: Revenue Miss, Weak Guidance, New Names For 2 Units

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Facebook Q3 Earnings Takeaways: Revenue Miss, Weak Guidance, New Names For 2 Units

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Social media giant Facebook Inc. reported third-quarter financial results after market close Monday. Here are the key takeaways from the report. What Happened Facebook reported third-quarter revenue of $29 billion, up 35 percent year-over-year. The revenue total was shy of analysts’ estimates of $29.6 billion. Advertising revenue for the company was $28.3 billion…
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