UPDATED 16:51 PM EST, January 30, 2013
NEW YORK (AP) — Facebook's fourth-quarter financial results surpassed Wall Street's expectations but the company's stock is dipping lower in extended trading.
Facebook Inc. earned $64 million, or 3 cents per share, in the October-December period. That's down from $360 million, or 14 cents per share, a year earlier when it was still a privately held company.
Revenue rose 40 percent to $1.59 billion from $1.13 billion.
