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Facebook Q4 revenues rise 40% to USD 1.59 billion

Thursday 31 January 2013 | 08:31 CET | News
Facebook reported 40 percent growth to USD 1.59 billion of revenue in the fourth quarter, compared with USD 1.13 billion in the year-earlier period. Advertising revenues rose by 41 percent to USD 1.33 billion, or 84 percent of turnover. The remaining revenue came from payments and other fees, essentially flat year-on-year. Facebook increased its costs and expenses 82 percent to USD 1.06 billion in the fourth quarter, with capital expenditure at USD 198 million. Net income from operations slipped to USD 523 million from USD 548 million in the fourth quarter of 2011. Facebook's net profit fell

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Categories: Internet
Companies: Facebook
Countries: World
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