Facebook's revenue number for the last three months of 2011 has been added to this story.
MENLO PARK, Calif. ( TheStreet) -- Facebook is growing revenue at a healthy pace ahead of its planned initial public offering but expenses are on the rise as well.
The social networking giant provided additional information on its financial performance in a regulatory filing with the Securities and Exchange Commission, saying it generated revenue of $1.06 billion for the first three months of 2012.
The revenue figure was up 45% compared to the prior year's quarter, according to the amended S-1 filing. Facebook's cost of revenue, however, increased $110 million, or 66%, over the same period, which the company largely attributed to data center expansion and a 66% increase in headcount.
|Facebook has given additional information on its financial performance.|
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