Facebook will announce Wednesday afternoon how well it did financially in the first quarter of this fiscal year. The company has been aggressive about rolling out ad products, and it deepened its relationship with firms such as Datalogix to give advertisers better purchasing data. Let’s take a look at what others think ahead of Wednesday’s earnings call.
It has been an interesting fiscal quarter for Facebook, and in just a few weeks, everyone will know how the company did financially over the past three months. Facebook announced to investors Wednesday that it will hold its fourth-quarter earnings call at 2 p.m. PT Jan. 30.
Facebook shared some more details on advertiser success stories it mentioned during its third-quarter earnings call, offering statistics from Samsung Mobile USA, Rosetta Stone, Old Navy, Lawson, and MGM Resorts International.
During Thursday’s second-quarter earnings call, Facebook Co-Founder and CEO Mark Zuckerberg was asked about the size of the company when it came to number of employees and, while Facebook is expanding, he expressed a preference for remaining lean and mean.
A healthy portion of Facebook’s second-quarter earnings call Thursday was devoted to advertising, specifically social advertising, and the unique opportunities and challenges presented by advertising on the social network.
Facebook’s first quarterly financial report since going public offered some good news and some bad news for the company. The good news? Facebook is continually gaining users, especially on mobile. The bad news? The company took a major financial hit in stock compensation after the post-initial public offering freefall. But the three executives on Thursday’s earnings call — Co-Founder and CEO Mark Zuckerberg, Chief Operating Officer Sheryl Sandberg, and Chief Financial Officer David Ebersman — are confident in Facebook’s future.
Will there be a Facebook phone, or won’t there? Remarks from Facebook Co-Founder and CEO Mark Zuckerberg during the social network’s second-quarter earnings call started out hinting at yes, then ended with an emphatic no.
Today is the most anticipated day for Facebook since the company went public May 18. The social network will release its second-quarter financial report at 5 p.m. ET/2 p.m. PT, giving the world a first glimpse into Facebook’s books. Several outlets have been speculating about just what is in this report.
The stock of popular Facebook application developer Zynga has dropped despite growing revenue, which the company reported Wednesday in its second-quarter financial results. Zynga noted that it is scaling back its outlook for the rest of 2012, citing a challenging environment on Facebook’s platform.
Leading up to Facebook’s first-ever earnings call as a publicly traded company, which will be held Thursday at 5 p.m. ET/2 p.m. PT, the social network, through outside public-relations firm Brunswick Group, is trying to de-emphasize its actual financial results and focus on its accomplishments since going public May 18.