And just like that, our baby is well into its angsty teenage years. Facebook (FB) celebrated its 15th anniversary on February 4.
On January 30, Mark Zuckerberg's company reported Q4 revenue of $16.91 billion (up 30% annually in dollars and 33% in constant currency) and GAAP EPS of $2.38, topping consensus analyst estimates of $16.39 billion and $2.18. Ad revenue rose 30% to $16.64 billion, and (thanks to hardware sales) "payments and other fees" revenue rose 42% to $274 million.
Once upon a time, good news from Facebook was the norm rather than the exception:
- February 2004: "thefacebook" began at Harvard.
- September 2004: Facebook launches its now infamous wall.
- May 2005: Facebook spreads to 800 college campuses and high school networks.
- May 2012: Facebook IPOs with a $102.4 billion market value.
Will Facebook's next 15 years have more to like? Only time and an earnings report or two can tell.