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Facebook cuts revenue guidance amid ‘significant uncertainty’ from Apple iOS changes

Facebook cuts revenue guidance amid 'significant uncertainty' from Apple iOS changes

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Facebook Inc revenues came in lower than expected and it cut guidance for the fourth quarter as the social media giant battled a flood of negative news reports. Third-quarter profits of US$9.19bn, equating to earnings per share of US$3.22 a share, were better than expected, however, and well up on EPS of US$2.71 reported a year earlier.

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