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Facebook, Inc Reports Rise In Q3 Profit

Facebook, Inc (FB) revealed earnings for its third quarter that rose from the same period last year.

The company's earnings came in at $7.85 billion, or $2.71 per share. This compares with $6.09 billion, or $2.12 per share, in last year's third quarter.

Analysts had expected the company to earn $1.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.6% to $21.47 billion from $17.65 billion last year.

Facebook, Inc earnings at a glance:

-Earnings (Q3): $7.85 Bln. vs. $6.09 Bln. last year.
-EPS (Q3): $2.71 vs. $2.12 last year.
-Analysts Estimate: $1.91
-Revenue (Q3): $21.47 Bln vs. $17.65 Bln last year.

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