Facebook's profits dipped from a year ago but revenue increased to $1.06 billion, as the company released an amended S-1 filing on Monday.
Facebook reported profits of $205 million, down from $233 million a year ago. The company reported revenue of $1.06 billion, a 44 percent increase from the same period a year ago.
Facebook also reported a steady increase in daily active and monthly users. Facebook's MAU total climbed to 901 million worldwide, up 32.5 percent from the same period a year ago. The company's daily active users, meanwhile, increased to 526 million, up 41.4 percent.
Facebook filed papers with the SEC in February for a $5 billion IPO, ending months of speculation that the social-networking giant was planning to go public. The filing revealed that the social network had 845 million users and was profitable for the past three years, bringing in revenue of $3.7 billion last year.
Now, two months later, the company added that its users added 3.2 billion likes and comments per day, as well as uploaded 300 million photos. Over 125 billion "friendships" have been struck, it said. Over 488 million monthly users used Facebook's mobile products in March 2012.
Cash and cash equivalents and marketable securities totaled $3.910 billion as of March 31, 2012, an increase of $2 million from December 31, 2011. The most significant cash flow activities consisted of $441 million of cash generated from operations, offset by $453 million used for capital expenditures, Facebook said.
Facebook also disclosed more details about its acquisition of Instagram, which the company announced on April 9. Facebook said it is paying $300 million in cash plus about 23 million shares for Instagram. The company also said it would pay Instagram a $200 million termination fee if the deal isn't completed. Although the deal is expected to close in the second quarter, the termination fee will go into effect if the deal doesn't close by Dec. 10, Facebook said.
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