Facebook Inc. posted record revenue in the third quarter as strong digital-ad spending outweighed a high-profile ad boycott, data-gathering restrictions and continued fallout from the coronavirus pandemic.
Revenue jumped 22% to $21.47 billion in the three months through September, Facebook said Thursday. The company projects that revenue will grow even faster during the fourth quarter, as the holiday season bolsters ad spending.
Looking…
This post first appeared on wsj.com
