Even though the privately owned Facebook’s finances are relatively opaque, analysts guessed the company’s earnings from last year would be somewhere between $550 and $700 million. According to two sources, the number was closer to $800 million, and the company is free cash flow positive. The figure is likely to whet investors’ appetite for an IPO, but founder Mark Zuckerberg has said one is not in his short-term plans. [Reuters]
