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Facebook Hits 2.91 Billion Monthly Active Users In Q3; Earnings, Outlook Mixed Amid Advertising Headwinds

Facebook Hits 2.91 Billion Monthly Active Users In Q3; Earnings, Outlook Mixed Amid Advertising Headwinds

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Facebook hit 2.91 billion monthly active users last quarter, up 6% from the year earlier, and reported mixed numbers and a full year outlook that was below expectations. Revenue of $29.1 billion was a hair below Wall Street estimates. Earnings per share of $3.22 were a beat. “We made good progress this quarter and our…

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