Friday, 24 November 2017

Facebook Q1 income hit by higher costs

By Nick Wood, Total Telecom
Friday 24 April 15

Social network reports strong monthly user growth but expenses rocket 83%.

Facebook has reported a 20.4% fall in first quarter profit due to a surge in R&D, sales and marketing expenses. The world's largest social network generated revenue of $3…

Facebook has reported a 20.4% fall in first quarter profit due to a surge in R&D, sales and marketing expenses. The world's largest social network generated revenue of $3…

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