Facebook reports lower 1Q net income

One thing that has been remarkable about Facebook is its willingness to expand in developing markets that many other consumer Internet companies would otherwise write off because they're hard to monetize. But that growth abroad plus the company's increasing headcount and share-based compensation expenses are eating into its operating margins, according to yesterday's earnings numbers from a revised IPO filing. Facebook made $381 million in operating income (or 36 percent of its $1.06 billion in revenue) in the first quarter of this year. That's down from $388 million in operating income (or 53 percent of its $731 million in revenue) from a year ago. Net income is actually down 12 percent year-over-year to $205 million from $233 million a year ago. Here's a closer look at how revenues and costs are changing for the company:

Facebook reports lower 1Q net income

(AP) -- Facebook's first-quarter net income fell 12 percent, weighed down by higher expenses even as its revenue soared, the social networking company said Monday, just a few weeks ahead of ...

Mon 23 Apr 12 from Phys.org

Facebook reports lower 1Q net income, Mon 23 Apr 12 from AP

A Closer Look: Facebook's Operating Margins Decline With Growing Headcount, International Growth

One thing that has been remarkable about Facebook is its willingness to expand in developing markets that many other consumer Internet companies would otherwise write off because they're hard ...

Tue 24 Apr 12 from TechCrunch

You Earn Facebook An Average Of $1.21 Per Quarter

Facebook makes an average of $1.21 on you per quarter, depending on who you are and where you live according to documents filed today. Most of that goes towards running the site, as Facebook's ...

Mon 23 Apr 12 from TechCrunch

Facebook revenue jumps, income falls

The company is preparing for an expected initial public offering this May.

Mon 23 Apr 12 from USA today

Facebook first-quarter revenue tops $1 billion

SAN FRANCISCO (Reuters) - Facebook Inc's first-quarter revenue climbed 45 percent to just over $1 billion as daily active users leapt 41 percent, the world's largest social network disclosed ...

Mon 23 Apr 12 from Reuters Technology

Daily Report: A Glimpse at Facebook's Financials

The latest filing by Facebook to the Securities and Exchange Commission reveals more about the company as its initial public offering nears. Among the disclosures: Facebook's profit fell 12 ...

Tue 24 Apr 12 from Bits NY Times

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