Facebook (FB) Reports 1Q'15 Results

Facebook (FB) reported 1Q'15 results after the market closed today (02015.04.22). From the company's press release.

Capital expenditures for the first quarter of 2015 were $502 million.

Cash and cash equivalents and marketable securities – Cash and cash equivalents and marketable securities were $12.41 billion at the end of the first quarter of 2015.

Free cash flow – Free cash flow for the first quarter of 2015 was $1.20 billion.

I don't why Facebook's tax rates are so high.

GAAP income tax expense for the first quarter of 2015 was $420 million, representing a 45% effective tax rate. Non-GAAP effective tax rate would have been approximately 35%.

FB closed today (02014.04.22) at $84.63. 52-week range: $54.66 - $86.07. FB was down ~1.3% in after hours trading.