Facebook first-quarter revenue up 38 percent

Wed May 1, 2013 4:10pm EDT

May 1 (Reuters) - Facebook Inc reported revenue of $1.46 billion in the first quarter, up 38 percent from $1.06 billion in the year-ago period.

The world's largest social network posted net income of $219 million, or 9 cents a share, compared to $205 million, or 9 cents a share, in the year-ago period.

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