Facebook expects billions in penalties from U.S. government
Facebook inventory was once up greater than 4% in after hours buying and selling Wednesday after reporting certain Q1 income. But it printed its GAAP income in line with proportion was once some distance much less that anticipated to account for losses of a possible multibillion-dollar Federal Trade Commission tremendous.
Facebook stock was up more than 4% in after hours trading Wednesday after reporting positive Q1 earnings. But it revealed its GAAP earnings per share was far less that expected to account for losses of a potential multibillion-dollar Federal Trade Commission fine.
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