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Facebook shows no sign of slowdown with Q4 revenues up 47%

2018-01-31 23:08:00| Telecompaper Headlines

(Telecompaper) Facebook showed little slowdown in its growth in the fourth quarter, despite recent warnings of increased costs for security and policing content on the social network. Revenues rose 47 percent year-on-year to USD 12.97 billion, and operating profit jumped 61 percent to USD 7.35 billion.

Tags: up sign shows revenues

Category:Telecommunications

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