Facebook managed to survive a nonstop barrage of controversies throughout 2018 and post strong financial results for the fourth quarter and full year.
The company reported $16.914 billion in revenue in the fourth quarter of 2018, up 30 percent compared with the year-ago period and far exceeding analysts’ consensus expectations of $16.4 billion.
Revenue for the full year of $55.013 billion was up 38 percent from the 2017 total of $39.942 billion.
Net income rose 61 percent year-over-year in the fourth quarter, to $6.882
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