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Capitalization of the social network fell as investors rebadessed the company's outlook after warning of the expected slowdown in revenue growth and increasing pressure from regulatory authorities. 19659002] Analysts are already recalculating estimates of possible Facebook outcomes based on current projections, and their calculations are based on the badumption that Facebook's revenues will increase by about 20% over the year, not 40% or more, writes the British Economic Daily The Financial Times
Data released on Thursday showed that Facebook's net profit in the second quarter rose 31%, but did not justify market expectations . Revenues jumped 42% to 13.231 billion
However, Facebook warned that the growth rate would slow down. In particular, due to the slowdown in advertising growth, revenue growth was 7 percentage points lower in the first quarter than in the first quarter, and this trend will continue in the second half of the year.
various regulatory actions. As a result, the profit margin of 44% in the second quarter will rise to around 35% in the next few years
After the entry into force of the new law on the protection of personal data in Europe, the number of active Facebook users decreased by 1%. Facebook is also facing the problems caused by the Cambridge Analytica scandal, which has made the social network more concerned about protecting data for users.
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