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Facebook Q3 2017 $10.3 Billion Revenue, up 47pct

6:38 pm on Nov 2, 2017 (gmt 0)

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Facebook seems to have exceeded analyst predictions and posted a $10.3 billion revenue, up 47% Year on Year, with net income up 79% to $4.7 billion.

It publishes users stats, too, and these show daily active users up 16% to 1.37 billion.

Mobile ad revenue is the big contributor, which represents 88% of the ad revenue in the quarter.


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