Facebook Seen Reporting Faster Revenue Growth on Mobile Ads
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Facebook Inc. Chief Executive Officer Mark Zuckerberg is reaping benefits of a deeper push into mobile advertising at the social network he founded almost a decade ago.
Results due after the close of trading today will probably show that revenue rose 34 percent to $1.52 billion last quarter, according to analyst estimates compiled by Bloomberg. That would be the first growth acceleration since Facebook sold shares to the public in May. Revenue climbed 32 percent in the preceding two periods, a slowdown from earlier quarters.