The Confederacy (Rebel Alliance) has been battered and we are tired. We destroyed a 100+ fleet outside one of our core worlds, and a small fleet of ~50, but they will simply be replaced, and the men and women who died will be forgotten.
The Zerg Benefactor Swarm gobbled up one of our small recon fleets, that had famously occupied their system of Formalhaut. They were forced to use a fleet ten times larger to take us out, thus distracting from their efforts on the Protoss.
And the Confederacy fights on. Daft Panzeristan will not fall, but we will harass nonetheless, until our minds are to be taken out of the universe permanently in the Great Upload (read: I'll be away from Internet access for a few days).