Facebook, Inc Reports Gain In Q1 Profit

Facebook, Inc (FB) revealed earnings for its first quarter that increased from last year.

The company's bottom line totaled $9.50 billion, or $3.30 per share. This compares with $4.90 billion, or $1.71 per share, in last year's first quarter.

Analysts had expected the company to earn $2.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 47.5% to $26.17 billion from $17.74 billion last year.

Facebook, Inc earnings at a glance:

-Earnings (Q1): $9.50 Bln. vs. $4.90 Bln. last year.
-EPS (Q1): $3.30 vs. $1.71 last year.
-Analysts Estimate: $2.37
-Revenue (Q1): $26.17 Bln vs. $17.74 Bln last year.

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