Facebook reported a sharp drop in profits Wednesday. 4th Q 2012 profits were $64 million in comparison to $300 million during 4th Q 2011.
Following the announcement facebook shares dropped 3.5%.
Tamuz 2, 5777, 6/26/2017
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08:31 Reported News BriefsShvat 20, 5773 , 31/01/13Facebook Reports Profits Drop SharplyFacebook reported a sharp drop in profits Wednesday. 4th Q 2012 profits were $64 million in comparison to $300 million during 4th Q 2011. Following the announcement facebook shares dropped 3.5%. Other archived news briefs:Jan 31 2013, 08:31 AM, 1/31/2013
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