Facebook’s first quarterly as a public company seems like a very mixed bag. They beat expectations, but just barely (and they were very low to begin with). The company did post their best revenue ever, but they failed to turn a profit on that revenue.
Amazingly, they now have 955 million users. That’s not some bullshit number, it’s monthly active users. They also have 543 million monthly active users on mobile and growth there is more than double overall growth.
All this adds up to the stock getting killed in after-hours trading. It has fallen below $25-a-share for the first time.