Earnings Outlook: Facebook earnings: Amid controversy, finances appear bulletproof

Facebook Inc. seemingly runs into another gaffe every week, but nothing— even the short-lived retreat following the Cambridge Analytica data privacy scandal — seems to have hurt the social media behemoth’s stock price nor finances.

As Facebook FB, +0.46% rolls into its second-quarter earnings report after the closing bell Wednesday, the last word from Chief Executive Mark Zuckerberg was that the myriad issues have not yet impacted the top line nor the company’s longer-term prospects. He has said that Facebook would invest heavily in the safety and security of members on the platform, including hiring 20,000 people as part of that mission.

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