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Facebook showed at least initial resilience on Wednesday when it released its financial results from the first quarter, a period when the social network was criticized for the way it handles information about its users.

Despite negative headlines about Facebook's unmatched reach, Cambridge Analytica's allegedly improper use of Facebook data on up to 90 million users, the calls to "#deleteFacebook" and two days of Congressional hearings for CEO Mark Zuckerberg, the company emerged with nearly $5 billion in net income for the quarter, up 62.8 percent from a year earlier.

Facebook sold $11.8 billion in ads during the first quarter, up 50 percent. That year-over-year growth was slightly stronger, in fact, than before the Cambridge Analytica news broke; fourth-quarter ad revenue grew 49 percent.

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