Facebook 1q Results Soar; Cfo To Step Down

Facebook 1Q results soar; CFO to step down

NEW YORK (AP) — Facebook's first-quarter earnings and revenue grew sharply, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue. The social network said Wednesday that it earned $642 million, or 25 cents per share, in the January-March quarter, up from $219 million, or 9 cents per share, in the same period a year ago.Read more on NewsOK.com

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