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mcmoose75
on April 26, 2018
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Facebook Q1 2018 Earnings Slides [pdf]
Every advertising-based business drops off q4->q1. There's a ton of ad spend for the holidays, and just not as much commercial activity in general in q1. The right way to compare it is 17q1->18q1, or 16Q4->17Q4, rather than QoQ growth.
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