The Problem With Facebook Inc.'S (FB) Third Quarter Earnings - Presented by: The Aol. On Network

Facebook Inc. (NASDAQ: FB) said on Wednesday that revenue during the fiscal third-quarter soared 60 percent to $2.02 billion, compared with $1.26 billion a year ago. Net income for the quarter increased to $425 million, or 17 cents a share, compared to a loss of $59 million, or 2 cents a share, a year earlier. “The problem, with at least what the CFO was talking about, was that lack of demand from some of the young teenage viewers,” said Mark Newton.



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