Facebook Has Mixed Earnings For Q1

It looks like Facebook is going to have to come up with more ways to sell your personal info for money.

The Menlo Park, Calif.-headquartered company reported first quarter income of $512 million, down by 20 percent year-over-year, or 18 cents per share (statement). Non-GAAP earnings were 42 cents per share. Revenue landed in at of $3.54 billion, up more than 40 percent on the year-ago quarter. Wall Street was looking for earnings of 40 cents per share on revenue of $3.56 billion.

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