Facebook third-quarter revenue rises 32 percent to $1.26 billion


Facebook Inc's revenue rose 32 percent in the third quarter to $1.26 billion.

The world's No.1 online social network firm posted revenue of $954 million in the year-ago period. Its third-quarter revenue came in slightly above the average analyst expectation of $1.23 billion, according to Thomson Reuters I/B/E/S.

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(Reporting by Alexei Oreskovic; Editing by Phil Berlowitz)