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Facebook Q1 Profit Down; To List Shares On Nasdaq - Quick Facts

Facebook Inc reported that its first-quarter net income attributable to Class A and Class B common stockholders declined to $137 million or $0.09 per share, from $153 million or $0.11 per share in the same quarter last year.

Revenues for the quarter rose to $1.06 billion from $731 million in the prior year quarter.

The company said that it has applied to list its Class A common stock on the NASDAQ Global Select Market under the symbol "FB."

by RTTNews Staff Writer

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