Facebook's CEO Discusses Q1 2013 Results - Earnings Call Transcript

Facebook, Inc. (FB) Q1 2013 Earnings Call May 1, 2013 5:00 PM ET

Executives

Mark Zuckerberg - Chairman of the Board, Chief Executive Officer
Sheryl Sandberg - Chief Operating Officer, Director
David Ebersman - Chief Financial Officer
Deborah Crawford - Director of Investor Relations

Analysts

Heather Bellini - Goldman Sachs
Anthony Diclemente - Barclays
Jordan Rohan - Stifel, Nicolaus & Company
Ben Schachter - Macquarie
Mark Mahaney - RBC Capital Markets
Brian Wieser - Pivotal Research
Aaron Kessler - Raymond James
Daniel Ernst - Hudson Square Research
Ross Sandler - Deutsche Bank Securities Inc.
Jordan Monahan - Morgan Stanley
Youssef Squali - Cantor Fitzgerald
Justin Post - Bank of America Merrill Lynch
Gene Munster - Piper Jaffray
Kenneth Sena - Evercore Partners
Douglas Anmuth - JPMorgan

Operator

Good afternoon. My name is Jay, and I’ll be your conference operator today. At this time, I’d like to welcome everyone to the Facebook First Quarter 2013 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions) Thank you very much.

Ms. Deborah Crawford, Facebook’s Director of Investor Relations, you may begin.

Deborah Crawford

Thank you. Good afternoon, and welcome to Facebook’s first quarter and earnings conference call. Joining me today to talk about our results are Mark Zuckerberg, CEO; Sheryl Sandberg, COO; and David Ebersman, CFO.

Before we get started, I’d like to take this opportunity to remind you that during the course of this call, we’ll make forward-looking statements regarding future events and the future financial performance of the Company. We caution you to consider the important risk factors that could cause actual results to differ materially from those in the forward-looking statements in the press release and this conference call. These risk factors are described in our