Facebook third-quarter revenue jumps 60 percent

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Reuters SAN FRANCISCO
Last Updated : Oct 31 2013 | 2:00 AM IST

SAN FRANCISCO (Reuters) - Facebook Inc's revenue increased 60 percent to $2.02 billion in the third quarter.

The world's largest social network said it earned net income of $425 million, or 17 cents a share, in the three months ended September 30, compared with a net loss $59 million, or 2 cents a share in the year-ago period.

(Reporting by Alexei Oreskovic; Editing by Bernard Orr)

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First Published: Oct 31 2013 | 1:44 AM IST

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