Facebook Falters as First-Quarter Profit Drops

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April 24 (Bloomberg) -- Bloomberg's Erik Schatzker, Scarlet Fu, Stephanie Ruhle and Sara Eisen report that Facebook said first-quarter profit fell 12 percent as operating costs almost doubled. Net income fell to $205 million in the three months through March and sales climbed 45 percent to $1.06 billion, a slowdown from 55 percent in the December period. They speak on Bloomberg Television's "Inside Track." (Source: Bloomberg)

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