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Facebook revenue growth slows further in Q3, user numbers still growing

2018-10-31 08:18:00| Telecompaper Headlines

(Telecompaper) Facebook reported a further slowdown in growth in the third quarter. Reveneus rose 33 percent to USD 13.7 billion, compared to growth of 42 percent in Q2 and 49 percent in Q1. Net profit increased 9 percent to USD 5.1 billion. Facebook said higher costs and taxes weighed on profits. 

Tags: user still numbers growth

Category:Telecommunications

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