Facebook stocks have slipped post-scandal and the company is still under immense pressure

The pressure seems to beginning to make Facebook crack as it announces missed second-quarter earnings on July 25, a slowdown which investors have warned of over the last year and for which Wall Street seems unprepared.

Recently the company has been dealing with issues such as the Cambridge Analytica scandal, continuous technological glitches in the software powering the social network, revelations about how many different entities actually have access to the company's data and being pushed out of China after only being there for a day.

Facebook CEO Mark Zuckerberg has noted in previous earning reports that the company would take a hit as it adds more content moderation in a massive hiring spree to control bad information on the platform, alongside improvements to interactions between friends and family, versus from brands and other organizations.

The company's CFO, David Wehner, indicated that it would likely continue to have a "negative impact on revenue growth" in the coming quarters as it continues to deal with crisis after crisis.

“We expect our revenue growth rates to decline by high-single-digit percentages from prior quarters sequentially in both Q3 and Q4,” Wehner said. These comments sent the stock plummeting down by more than 23 percent (or by around $45) in after-hours trading. This will wipe off more than $123 billion off the company's market value 

In recent times, Facebook has been under increased pressure over its failure to control misinformation and harmful content on the platform, but that hasn't led to a decrease in revenue. The company posted revenue of $13.2 billion for Q2, an increase of 42 percent from the same quarter a year ago.

Monthly users totalled 2.23 billion, missing the 2.25 that was expected. Zuckerberg said on the earnings call that the company was had 2.5 billion people using at least one of Facebook's apps, including the main one, Instagram and WhatsApp, touting Instagram a success with more than 1 billion monthly users.

📸: Flickr