Facebook logged a profit of $2.4 billion – down 51 percent from a year earlier – on revenue that climbed 26 percent to $15.1 billion in the first three months of this year.
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Weak outlook could see $130bn wiped off Facebook’s market value
Profit was up 31 percent in the second quarter at $5.1 billion; revenues rose 42 percent to $13.2 billion, slightly below most forecasts