Wednesday, January 29, 2014

Facebook (FB) Reports 4Q'13 Results

Facebook (FB) just reported 4Q'13 results.
"It was a great end to the year for Facebook. We're looking forward to our next decade and to helping connect the rest of the world." -- Mark Zuckerberg, Facebook founder and CEO

Facebook ended 02013 with approximately $11.45 billion in "cash." I liked the following from the press release: "Free cash flow for the full year of 2013 was $2.85 billion." And... "Capital expenditures for the fourth quarter of 2013 were $483 million."

FB closed today (02014.01.29) at $53.53. 52-week range: $22.67 - $59.31. 20 minutes after the release of 4Q'13 results, FB is up almost 7%.

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