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During a conference call, group leaders warned that the downward trend is expected to continue in the next quarter, which had a negative impact on the price of Wall Street.
"It's a crucial year" for Facebook, commented on its president, Mark Zuckerberg
Disinformation, political manipulations of the Russian Federation, the management of personal data: the controversies around Facebook is follow, which focuses on the issue of personal data, after the scandal of Cambridge Analytica in mid-March, controversial in his image and likely to cool the enthusiasm of the public and advertisers.
"We have invested so much in our security systems that it will start to affect our profitability," said Mark Zuckerberg
. which on June 20 had 2.23 billion monthly active users, 11% more than the same period last year, but less than the 2.25 billion users expected by analysts.
The disappointment also reached the number of daily active users, which was 1.47 billion, another 11% growth, when investors waited 1.49 billion.
Zuckerberg explained that the number of users had suffered with the entry into force of the general regulation on data protection in the European Union in May, which strengthens the rights of users.
The turnover, consisting almost exclusively of advertising revenue from the site, also declined 42% to $ 13.23 billion, but down from the $ 13.36 billion expected by market observers.
Although the group did not detail the results of its subsidiaries, it nevertheless pointed out that its Instagram platform had confirmed its strong growth, exceeding billions of users.
Unlike the other variables mentioned, Facebook's profits, which rose 31% to $ 5.1 billion, outperformed investors' expectations.
The group also saw spending, partly due to the need to better control what is flowing in the network, to increase by 50% to 7.44 billion dollars and the trend is in pursuit of growth, warned the group.
Indeed, Facebook is looking for ways to improve its image and not look at expenses, especially after the scandal surrounding Cambridge Analytica (CA).
This British data analysis company had access to and used information from tens of millions of Facebook users without their consent. Later that company worked for the Donald Trump election campaign in the 2016 US presidential elections.
This scandal or foreign interference in the elections is worth social network complaints in investigations around the world and Zuckerberg has already had to s & ## Explain to US and European parliamentarians.
The latest controversy dates from last week when Mark Zuckerberg was fiercely criticized for his refusal to ban Holocaust deniers from the network.
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