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Facebook Shatters Wall-St Estimates

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Facebook Shatters Wall-St Estimates

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ET NOW

2 Views • Apr 29, 2016

Description

Facebook blew away wall street with its quarter earnings. The social networking giant reported a record profit of 1.5 billion dollars - 3 times of what it made a year ago. Sales surged 52% to come in at over 5 BILLION dollars as advertising revenues peaked. Those impressive numbers sent the stock surging over 8%. Here's a report.

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