Strong ad revenues boost Facebook past expectations as company cites ecommerce boom as tailwind

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Strong ad revenues boost Facebook past expectations as company cites ecommerce boom as tailwind

Facebook reported its Q3 earnings today, including revenues of $21.5 billion, net income of $7.8 billion. The company earned $2.71 in per-share profit during the three month period. Analysts had expected Facebook, the social giant, to earn a much-smaller $1.9…

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