Facebook Posts Strong Q1 2020 Results, but Covid-19 Is Starting to Make Its Mark

Ad revenue was flat in the first 3 weeks of April after rising 17% year over year for the first quarter

Join us at Brandweek Sept. 12–16 in Miami alongside leading CMOs, founders and change makers from GatoradeMarriottAlo YogaCampbell'sUncommon James and more. Book now.

Facebook reported revenue of $17.74 billion in the first quarter of 2020, up 18% from the same period in 2019. But the effects of the coronavirus pandemic did not make their mark until the last three weeks of the quarter, and the outlook for the second quarter is murky, at best.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in