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Facebook's Profits Slide Ahead Of IPO

from National Public Radio
April 24, 2012

Weeks ahead of its initial public offering, Facebook released its first quarter profits Monday, and they are down 12 percent from a year ago. At the same time, company expenses have nearly doubled. Facebook attributes some of that to market expansion, which requires more employees and infrastructure.

Broadcast Dates

  • Morning Edition, April 24, 2012
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