Wednesday, October 24, 2012

Facebook Q3 Bests Wall Street Expectations: $1.26 Billion Revenue, $0.12 Non-GAAP EPS

facebook logoFacebook released the financial results for the third quarter of 2012 just after the stock market closed this afternoon. All eyes are on the social networking company to show Wall Street some sort of sign of strength in the results from its second quarter as a publicly-traded company. Its stock price has lagged at around $20 and below for several months now, a significant decline from the $38 per share price it had when it held its closely-watched (and much-criticized) initial public offering this past May. We'll be digging into the company's results for the next couple hours, with a careful eye on its mobile traction, as well as sitting in on its call with investors and analysts. But to get started, here are the straight up Q3 numbers and how they compare to Facebook's history:

Source: http://feedproxy.google.com/~r/Techcrunch/~3/9cGHMXWRdgc/

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