Facebook just reported its Q4 earnings!
The stock exploded more than 13% after beating estimates on both the top and bottom line, as well as on solid user growth.
Here are the most important numbers:
Revenue: $5.84 billion vs analyst expectations of $5.37 billion (and up 52% year-over-year)
Adjusted EPS: $0.79 vs $0.68 expected
Monthly active users: 1.59 billion, an increase of 21% year-over-year (vs expectations of 1.58 billion)
Daily active users: 1 .04 billion, an increase of 17% year-over-year (and in line with expectations)
Along with strong growth across the board on those key numbers, Facebook also proved that it continues to strengthen its mobile business, noting that that's where it reels in 80% of ad revenue.
That's up from 69% at this time last year (and from 78% last quarter). F
That's tied to the fact that more of Facebook's users are accessing the social network from their smartphones. Mobile MAUs in December hit 1.44 billion (that's up 21% year-over-year) and mobile DAUs hit 934 million (that's up 25% year-over-year).
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