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On a yearly basis they are still down about 4% in revenue from advertising and apps and down 17% in the reality labs section. Their business is just shrinking l
by jcfrei 4y ago
On a yearly basis they are still down about 4% in revenue from advertising and apps and down 17% in the reality labs section. Their business is just shrinking less quickly than investors feared.
- ripvanwinkle 4y agoin constant currency they would be up about 4%. the biggest trend is revenue per ad was nearly offset by growth in number of ads - the latter is likely to hit its limit sooner than the former and that seems like the biggest risk to the business