Facebook Profit Soars, but Growth Concerns Emerge – Wall Street Journal

Facebook Inc., now on pace to reach $27 billion in revenue this year, is defying the slowdown in growth that usually comes with increasing size.

The social media giant said Wednesday that third-quarter revenue soared 56% to $7 billion and its quarterly profit nearly tripled to $2.38 billion, as it reaps the spoils of its dominance in mobile…

Facebook Profit Soars, but Growth Concerns Emerge – Wall Street Journal

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