Facebook Reports 'Signs of Stability' in Ad Spending After Coronavirus Drop - Sarahindustan

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Thursday, April 30, 2020

Facebook Reports 'Signs of Stability' in Ad Spending After Coronavirus Drop

Facebook beat analysts' estimates for quarterly revenue on Wednesday and said it has seen "signs of stability" for sales in April after a plunge in March, in yet another signal that tech giants may weather the coronavirus-induced economic collapse better than other sectors.

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