Facebook Quarterly Earnings Top Expectations, Ad Revenue Rises 53 Percent | NBC 5 Dallas-Fort Worth
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Facebook Quarterly Earnings Top Expectations, Ad Revenue Rises 53 Percent

"Our business did well in 2016, but we have a lot of work ahead to help bring people together," Zuckerberg said in a statement

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    NEWSLETTERS

    Facebook now has 1.146 billion daily mobile active users.

    Facebook reported quarterly earnings that beat analysts' estimates on Wednesday, and revenue that topped expectations, as ad revenue grew 53 percent in a quarter.

    Shares rose 3 percent after hours.

    Drive-Thru Pot Dispensary Opens in Colorado

    [NATL] Drive-Thru Pot Dispensary Opens in Colorado

    When you think of a drive-thru, fast food probably comes to mind. But what about marijuana? Tumbleweed Express Drive-Thru in Parachute, Colorado, is the first of its kind. After nearly a year of preparation, the drive-thru pot shop opened for business on 4/20. 

    "Their timing couldn't have been better in my opinion, I mean everybody wants to celebrate," said Kyle Steele, a customer at the drive-thru.

    (Published Friday, April 21, 2017)

    Facebook's ad business zoomed higher, as retailers poured money into snagging customers during the busy holiday shopping season. Only Google rivals Facebook when it comes to digital advertising dominance.

    Facebook now has 1.146 billion daily mobile active users.

    "Our business did well in 2016, but we have a lot of work ahead to help bring people together," Zuckerberg said in a statement.