Facebook’s First Public Earnings Slightly Better Than Expected | Talking Points Memo

Facebook published its first-ever quarterly financial report as a public company on Thursday, and posted slightly higher earnings than Wall Street analysts expected, with the world’s largest social network reporting $1.18 billion in revenue for the second quarter of 2012 or $0.12 per share. Analysts had anticipated the $0.12-per-share figured, but only thought Facebook would pull in $1.16 billion in overall revenue for the quarter.


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