Facebook Releases First Ever Earnings Report, Shows $1.18 Billion in Revenue and 995 Million Active Users

Facebook just had their first ever earnings call (Q2) since the company went public in May. Here are the topline results worth noting:

Q2 total revenue was $1.184 billion, up from $895 million in Q2 2011. They also posted a non-GAAP profit of $0.12 a share. You would think that the stock shouldn’t be affected too much as it nearly mirrored Wall Street’s expectations, however it is taking a nose dive in after hours trading (down 8.5% shortly after the earnings call).

“Our goal is to help every person stay connected and every product they use be a great social experience,” said Mark Zuckerberg, Facebook founder and CEO. “That’s why we’re so focused on investing in our priorities of mobile, platform and social ads to help people have these experiences with their friends.”

Facebook announced that they have a staggering 955 million monthly active users, as well as 552 million daily active users. 543 million of the users are accessing Facebook from mobile devices.