STREAMING NOW: Watch Now

What data scandal? Facebook is growing

So much for the campaign to Delete Facebook.Facebook reported Wednesday that it ...

Posted: Apr 26, 2018 4:55 AM
Updated: Apr 26, 2018 4:56 AM

So much for the campaign to Delete Facebook.

Facebook reported Wednesday that it reversed its first ever decline in daily active users in the US and Canada during the first three months of 2018 despite the backlash from a massive data scandal.

Facebook had 185 million daily users in the region as of the end of March, up from 184 million in the prior quarter. In total, Facebook added 48 million daily users globally during the quarter.

Facebook now has 1.45 billion daily active users worldwide and 2.2 billion monthly users, both of which are up 13% year over year.

The audience gains were revealed as part of Facebook's first earnings report since news of the Cambridge Analytica data scandal surfaced last month and upended the company, shaving off tens of billions of its market value.

Daniel Ives, an analyst with GBH Insights, said in an investor note Wednesday that the user figures were "a relief given fears of missing this number were running rampant."

The stock rose 4% in after hours trading Wednesday following the earnings release.

Related: Facebook tries to clarify how it collects data when you're not on Facebook

"Despite facing important challenges, our community and business are off to a strong start in 2018," Mark Zuckerberg, Facebook founder and CEO, said in a statement Wednesday.

Facebook posted nearly $12 billion in revenue for the first three months of 2018, up nearly 50% from the same period a year earlier, fueled by its ad sales strength on mobile products.

The company also said it has approved a plan to boost its share buyback program by $9 billion. Facebook previously said it would repurchase $6 billion of stock.

Heading into the earnings result, analysts were concerned about how much an ongoing backlash among users, advertisers and politicians on both sides of the Atlantic could slow down a company once viewed as unstoppable.

Cambridge Analytica, a data firm with ties to President Donald Trump's campaign, accessed information from as many as 87 million Facebook users without their knowledge. The data debacle came to light late in the quarter, meaning the impact may be felt more in the quarters to come.

Oregon Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 19978

Reported Deaths: 338
CountyConfirmedDeaths
Multnomah460893
Washington292124
Marion275568
Umatilla214126
Clackamas146438
Malheur71512
Deschutes5558
Lane5403
Jackson4211
Lincoln4149
Yamhill40412
Union3922
Jefferson3323
Morrow3272
Polk30112
Linn26310
Klamath2001
Hood River1780
Wasco1723
Benton1626
Douglas1401
Josephine1082
Coos890
Columbia860
Clatsop830
Crook421
Baker360
Tillamook340
Lake320
Wallowa191
Curry140
Sherman140
Harney100
Gilliam40
Grant20
Unassigned00
Wheeler00

California Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 530606

Reported Deaths: 9808
CountyConfirmedDeaths
Los Angeles1981654827
Riverside38487738
Orange38131665
San Bernardino34237487
San Diego30516568
Kern21433152
Fresno15945157
Alameda12136193
San Joaquin12034187
Santa Clara11030192
Sacramento10174148
Tulare10078193
Imperial9513232
Stanislaus9308135
Contra Costa8324131
Ventura787777
San Francisco708162
Santa Barbara652664
San Mateo5758120
Marin518076
Monterey496634
Merced458351
Kings445356
Solano380638
Sonoma320842
Madera211432
Placer199819
San Luis Obispo197016
Yolo161442
Santa Cruz11964
Butte10128
Napa10079
Sutter8406
San Benito6894
El Dorado6681
Lassen6320
Yuba5334
Shasta4049
Colusa3594
Glenn3462
Mendocino3419
Nevada3161
Tehama2491
Humboldt2454
Lake2111
Mono1461
Tuolumne1442
Amador1370
Calaveras1361
Del Norte900
Siskiyou880
Inyo661
Mariposa592
Plumas330
Trinity50
Modoc40
Sierra30
Alpine20
Unassigned00
Medford
Broken Clouds
74° wxIcon
Hi: 79° Lo: 51°
Feels Like: 74°
Brookings
Clear
72° wxIcon
Hi: 70° Lo: 55°
Feels Like: 72°
Crater Lake
Scattered Clouds
74° wxIcon
Hi: 73° Lo: 44°
Feels Like: 74°
Grants Pass
Few Clouds
73° wxIcon
Hi: 78° Lo: 51°
Feels Like: 73°
Klamath Falls
Scattered Clouds
74° wxIcon
Hi: 76° Lo: 43°
Feels Like: 74°
Cool and breezy Thursday
KDRV Radar
KDRV Fire Danger
KDRV Weather Cam

Community Events