Analysts Shrug Off Facebook's Bad Press but Q4 Ad Concerns Linger

The leaked internal documents were barely mentioned on the company's earnings call

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Facebook reported revenue of $29.01 billion for the third quarter of 2021, up 35% year over year, but short of analysts’ projections of $29.57 billion. If it weren’t for Apple’s iOS 14 changes, the platform said it would have seen positive quarter-over-quarter revenue growth.

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