Why Facebook's Outlook for Rest of 2021 Doesn't Scare Me
Facebook (NASDAQ: FB) CFO Dave Wehner recently warned investors of an impending slowdown in the company's revenue growth in the back half of 2021. After reporting a 56% increase in ad revenue versus the second quarter last year, Wehner reminded investors that April through June of last year were very uncertain times for marketers, who pulled back on ad spending. As we enter the back half of the year, the comparable periods from 2020 are much tougher, and revenue growth will decelerate.
Here's why investors shouldn't be too concerned about Wehner's comments.
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Source Fool.com
