On Thursday, local time, Facebook released unaudited financial results for the third quarter of fy2020 as of September 30, 2020. The results show that Facebook’s revenue in the third quarter was $21.47 billion, an increase of 22 percent from $17652 million in the same period last year; net profit was $7.846 billion, 29 percent higher than the same period last year; earnings per share were $2.71, up 28 percent from $2.12 in the same period last year. Facebook shares fell 1.35 percent in post hours trading as of the release of the financial results. “< p > < p > — Facebook’s revenue in the third quarter was $21.47bn, an increase of 22 percent from $17.652 billion in the same period last year, surpassing the market’s consensus expectation of $19.8 billion;” [/p > < p > — Facebook’s “other” revenue in the third quarter was $249million, down 7 percent from last year. This includes sales of oculus virtual reality helmets and portal video chat devices; (< p > < p >) — Facebook net profit in the third quarter was $7.846 billion, an increase of 29% from the same period last year; (P > P > P > Facebook’s third quarter earnings of $2.71 per share, 28% higher than the same period last year, with analysts expecting an average of $1.91; “< p > < p > – Facebook’s active users in the third quarter was 2.74 billion, an increase of 12 percent over the same period last year, with analysts expecting an average of 2.7 billion; (/p > < p >) – Facebook’s active users in the third quarter was 1.82 billion, up 12 percent over the same period last year, exceeding the consensus of 1.79 billion by analysts; (/p > < p >) – Facebook’s average per user income (ARPU) was $7.89 in the third quarter, with analysts flat Both are expected to be $7.32. As of September 30, 2020, Facebook’s cash and cash equivalents and securities value was US $55.62 billion, with 56653 employees, up 32% year on year. “In this tough period, users continue to rely on our services to maintain contacts and create economic opportunities, so we have been strong this quarter,” said Mark Zuckerberg, founder and CEO of Facebook. We will continue to invest heavily in our product and staffing to provide us with new and meaningful experiences in communities around the world. ” “[as expected, in the third quarter of 2020, we see a slight decrease in the number of active users per day and monthly active users in Facebook in the United States and Canada compared to the second quarter of 2020,” said David Wehner, Facebook chief financial officer. We expect that trend to continue by the fourth quarter of 2020. “We expect advertising revenue to grow at a year-on-year rate in the fourth quarter of 2020 higher than in the third quarter of 2020, driven mainly by the sustained strong demand of advertisers during the festival,” he added. In addition, oculus Quest 2 has been strong orders, which should be good for other revenue. ” In the United States and Canada, Facebook’s daily active users fell from 198million in the first quarter to 196million. The company said the number of users in the United States and Canada rose in the second quarter, affected by the new crown outbreak. The company warned that its users in the United States and Canada are expected to be flat or down in the fourth quarter. Facebook announced that in the third quarter, the company’s application series had a monthly number of 3.21 billion users and a previous quarter of 3.14 billion. This metric is used to measure the total number of users in Facebook’s major applications – instagram, Messenger, and WhatsApp. The “stophateforprofit” boycott did not appear to have affected Facebook’s advertising revenue, which grew 22 per cent in the third quarter. In the boycott, more than 1000 advertisers suspended advertising on the social network in July to protest the company’s hate speech and false information policy. Facebook closed at $280.83 at Thursday local time, up 4.92 percent from the previous trading day. After the financial report was released, the stock fell 1.35 percent in post hours trading as of the time of its release. Facebook’s shares rose 37 percent this year as of Thursday. Global Tech