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Facebook results handily beat forecasts

Feb 02, 2017 - The San Francisco Chronicle

Facebook keeps warning of a slowdown - and then blowing past Wall Street expectations.

The fourth quarter of 2016 was no different.

In an earnings call with investors, executives from the Menlo Park company touted its continued growth and expansion into video, including relatively new features that blatantly copied features from the photo- and video-sharing app Snapchat, whose parent company, Snap Inc., is expected to reveal plans for an initial public offering this week.

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