Facebook profit slumps on set-aside for big US fine
4/24/2019 5:26 PM EST
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Facebook on Wednesday reported quarterly profit sank 51 percent from a year earlier due to setting aside $3 billion for an anticipated fine from US regulators.
The social network logged a profit of $2.4 billion on revenue that climbed 26 percent to $14.9 billion in the first three months of this year.
Number - Users - Facebook - End - March
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