Facebook 2Q 2012: Live Updates On FB's First Earnings Report

LIVE: All The Action From Facebook's Very First Earnings Call

Is Facebook ready to face facts? How much will investors like it after its first quarter as a public company?

Expect similarly awful wordplay on Thursday evening, when the world's largest social network releases its first-ever earnings report as a publicly-traded company. The company's financials for the second fiscal quarter of 2012 will be announced during an earnings call at 5 p.m ET. The pressure's on to see if Facebook can recover after its rocky initial public offering on May 18.

Questions that need answering: How many users has the network gained since the IPO? Will Facebook be able to prove it has a sustainable advertising business as so many people move to mobile? Will Facebook offer a forecast for its next quarter as Apple does, or will it follow in the footsteps of Google and forgo one? Will co-founder Mark Zuckerberg talk much about Facebook's business or defer to other execs? And will he be wearing his hoodie?

Stay tuned to find out...

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