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Facebook's 4th Quarter Results Surpass Expectations

2013-01-31 04:23:27| Apparel - Topix.net

Facebook delivered fourth-quarter results above Wall Street's expectations on Wednesday and sought to show that it has finally transformed into a "mobile company." Its stock price fluctuated sharply in after-hours trading, as investors weighed lower net income and growing expenses against an increasing user base and higher advertising revenue.

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