EarningsCenter

Facebook Stock Up 15% On Strong Earnings News

×

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.

User numbers:

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

Increase your money and finance knowledge from home

How Financial Planners go Grocery Shopping

Learn to shop smart and save.

View Course »

Advice for Recent College Grads

Prepare yourself for the "real world".

View Course »

Add a Comment

*0 / 3000 Character Maximum

3 Comments

Filter by:
setanta54s_back

IF you have ANY SENSE-
STAY OFF IT/



this message remains UNAPPROVED by your friends in the NSA

July 24 2013 at 11:50 PM Report abuse +1 rate up rate down Reply
Vince

So what product does Facebook manufacture?

July 24 2013 at 11:30 PM Report abuse +1 rate up rate down Reply
metalgddess

Pay no attention to that man behind the curtains...

July 24 2013 at 11:07 PM Report abuse +1 rate up rate down Reply
mgh406

At this rate it will be up to the Initial price in a year or two.

July 24 2013 at 10:06 PM Report abuse +1 rate up rate down Reply