Facebook Cash Flow Positive, 300 Million Members

via Facebook Says Its Finances Are Looking Up - Bits Blog - NYTimes.com

Facebook, the rapidly growing social network, said it had passed an important financial milestone and become “free cash-flow positive,” which indicates it now brings in enough revenue to cover all of its operating costs, including capital expenditures.
“This is important to us because it sets Facebook up to be a strong independent service for the long term,” the company’s chief executive, Mark Zuckerberg, wrote in a blog post on Tuesday.
Mr. Zuckerberg added that less than six months after adding its 200 millionth member, the service has now crossed 300 million.