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Facebook's profit doubles in the second quarter and revenue rises 56%, but the company warns that growth will "slow" in the second half

Facebook’s profit doubles in the second quarter and revenue rises 56%, but the company warns that growth will “slow” in the second half

Facebook is looking for engineers.

Sao Paulo – Facebook (FBOK34) recorded a net profit of US$10.4 billion in the second quarter of 2021, double what it recorded in the same period last year, the company reported on Wednesday (27), after closing trading.

In the past three months, the US Nasdaq-traded technology giant has posted earnings per share of $3.61, beating estimates of analysts it consulted. set of facts$3.04 per sheet.

The social network’s revenue, which comes largely from advertising, rose 56% to $29.08 billion, also beating analysts’ expectations of $27.85 billion.

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