Facebook Stock Up 15% On Strong Earnings News
Jul 24th 2013 4:14PM
Updated Jul 24th 2013 4:35PM
By Jim Edwards
Facebook has blown away expectations on both topline revenues and bottom line earnings per share.
See the full numbers here.
EPS: 19 cents (expectation was 14 cents).
Revenue: $1.81 billion (expectations were $1.62 billion.).
That's a big, big beat.
The stock took a big leap after the numbers came out, up 15% in seconds. FB has been trading around $26.30 all day.
Daily Active Users: 699 million, up 27%.
Monthly Active Users: 1.15 billion, up 21%.
Mobile MAUs: 819 million, up 51%.
FB pops up 12% in after market.
Here's a snapshot of the top and bottom lines:
For live coverage of the earnings call, head over to Business Insider.
More From Business Insider:
Facebook Q2: Zuckerberg Delays $1M Video Ads That Will Kill TV
The Twitter Advertising Ecosystem Explained