Facebook Inc. (NASDAQ: FB) reported fiscal second-quarter financial results after the markets closed on Wednesday, and it may have been one of the best earnings reports that the company has seen. As a result, shares are just off their off their all-time highs and analysts are practically salivating over this stock.
Here we have included a few key highlights from the earnings report, then added what a couple of analysts are saying about Facebook after the fact.
The social network said it had $0.77 in earnings per share (EPS) on $5.4 billion in revenue, versus Thomson Reuters consensus estimates that called for $0.62 in EPS on revenue of $5.26 billion. In the same period of last year, the social media giant posted EPS of $0.42 and $3.54 billion in revenue.
Daily active users (DAUs) totaled 1.09 billion for the three months that ended in March, an increase of 16% from last year, while mobile DAUs were 989 million, an increase of 24%. Monthly active users (MAUs) were 1.65 billion at the end of the quarter, an increase of 15%. At the same time, mobile MAUs totaled 1.51 billion, which was an increase of 21%.
24/7 Wall St.Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
