Facebook's Q1 2013 earnings are in, with total revenues of $1.46 billion and mobile ad revenue constituting 30 percent of overall ad revenue. As expected, Facebook calls 2013 "an investment year," so its operating margin fell from 36 percent in Q1 2012 to 26 percent this quarter. Facebook is obviously willing to spend money and see lower profit margins now to ensure that it is well-positioned in mobile.
Last quarter, Facebook pulled in revenue of $1.59 billion, by comparison. For this quarter, Wall Street analysts were reportedly expecting revenues of $1.44 billion and $0.12 EPS. Facebook's $1.46 billion and $0.13 EPS very slightly beat expectations on revenue, but not profits.
Facebook says that it had 665 million daily active users...
via The Verge - All Posts http://www.theverge.com/2013/5/1/4290436/facebook-earnings-for-q1-2013-show-steady-improvement
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