Advertisement

You will be redirected to the page you want to view in  seconds.

Facebook 4Q results surpass expectations

6:32 PM, Jan. 30, 2013  |  Comments
Facebook CEO Mark Zuckerberg speaks at Facebook headquarters in Menlo Park, Calif. Facebook reports fourth-quarter earnings on Wednesday, Jan. 30, 2013. (AP Photo/Jeff Chiu, File)
Facebook CEO Mark Zuckerberg speaks at Facebook headquarters in Menlo Park, Calif. Facebook reports fourth-quarter earnings on Wednesday, Jan. 30, 2013. (AP Photo/Jeff Chiu, File)
  • Filed Under

Facebook delivered fourth-quarter results above Wall Street's expectations Wednesday and said its mobile ad revenue - a closely watched figure - is growing.

"Everything was slightly better than expected," said Wedbush Securities analyst Michael Pachter.

Facebook's stock increased 16 cents to $31.40 in after-hours trading after briefly dipping lower just after the release of the results.

Facebook, the world's largest social media company, earned $64 million, or 3 cents per share, in the October-December period. That's down from $360 million, or 14 cents per share, a year earlier when it was still a privately held company.

- Associated Press

What's your take on the Packers Family Night change?

Retrieving results.
Watching practice is fine.(Your vote)
15%
576 votes
I'd rather watch a scrimmage.(Your vote)
23%
856 votes
I don't want to pay to watch practice.(Your vote)
27%
1017 votes
It doesn't matter to me.(Your vote)
34%
1271 votes

Catch up on the latest in our pregame show every game day.

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports

ORDER YOURS

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports