Facebook reports $0.12 earnings per share on $1.458B in revenue for Q1 2013
Facebook today reported $1.458 billion in revenue for the first quarter of 2013 ended Marc 31 — an increase of 38 percent, compared with $1.06 billion in the first quarter of 2012. Earnings per share were $0.12, basically flat compared to Q1 2012.
Analysts were expecting 13 cents per share on revenue of $1.44 billion, meaning Facebook beat revenue estimates but just missed on profits.
Revenue from advertising was $1.25 billion, or 85 percent of total revenue. That’s a 43 percent increase from the same quarter last year and likely due in part to mobile growth. Mobile
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in