Mark Zuckerberg, chief executive officer and founder of Facebook Inc., speaks during a House Energy and Commerce Committee hearing in Washington on April 11. Photo: Bloomberg

Facebook profit beats Wall Street forecasts, calming concerns – for now

  • CFO David Wehner calmed concern about costs next year and quarterly earnings suggest business is holding up
  • The company’s flagship social network has almost reached saturation point in terms of growth, especially in the US and Europe
Topic |   Facebook

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Mark Zuckerberg, chief executive officer and founder of Facebook Inc., speaks during a House Energy and Commerce Committee hearing in Washington on April 11. Photo: Bloomberg
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