Facebook has reportable a pointy visit profits, partially as a result of hyperbolic outlay on analysis and development.
The social network website created a profit of $64m (£41m) within the final 3 months of 2012, compared with $302m a year earlier.
Revenue was up four-hundredth at $1.6bn, mostly as a result of an enormous jump in advertising revenue, 1 / 4 of that came from mobile platforms.
The shares launched on the data system stock market in could at $38, and had halved in worth by Sept.
They have since recovered to face at $31 at the shut of commerce on Wednesday. The visit late commerce suggests the shares can fall back once more once full commerce resumes on Thursday.
"Mobile revenue was expected to be to a small degree higher," same analyst Aaron Kessler at Raymond James.
"Overall it is a solid quarter however perhaps [the company has suffered from] high expectations going into the quarter."
Revenue from advertising was $1.3bn, forty first abreast of a year earlier.
Mobile revenue, a crucial indicator of the company's ability to capitalise on the growing move towards mobile platforms, accounted for twenty third of overall revenue.
"In 2012, we have a tendency to connected over a billion individuals and have become a mobile company," same Mark Zuckerberg, Facebook founder and chief government.
"We enter 2013 with sensible momentum and can still invest to realize our mission and become a stronger, additional valuable company."
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