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Despite what seems to be a new issue every day, Facebook’s revenue-generating engine continues to steamroll down the tracks.
The company released its first-quarter-2019 financial figures Wednesday after market close, and it reported revenue of $15.077 billion, up 26% from $11.966 billion in the first quarter of 2018.
Mobile advertising revenue accounted for approximately 93% of all ad revenue for the quarter, up from 91% in the previous-year period.
Facebook’s net income of $2.429 billion was down 51% from $4.988
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