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facebook-developerFacebook crushed Wall Street expectations for its fourth quarter earnings report today, sending the company’s stock up more than 5 percent in after-hours trading.

The social media giant posted $5.84 billion in revenue last quarter — up 52 percent from the year-ago quarter — and earnings of 79 cents per share. Analysts expected $5.37 billion in revenue on earnings of 68 cents per share.

Facebook continues to grow at an impressive clip and now counts 1.59 billion monthly active users, up 14 percent from last year. The company also said it is has 1.04 billion daily active users — up 17 percent — and 934 million daily active mobile users, which is up 25 percent from last year. As Benedict Evans points out, only 10 percent of Facebook’s daily active users are using the service strictly on a PC.

For comparison, Twitter said it had 307 million monthly active users in its most recent quarterly earnings report.

In its earnings slides, Facebook also noted that it has 823 million mobile-only monthly active users, which is 51 percent of all monthly active users.


Check out this tweet from Jon Erlichman showing Facebook’s insane revenue growth:

Facebook also noted that mobile advertising represented about 80 percent of its $5.6 billion in total advertising revenue from last quarter, which is up from 69 percent a year ago.


On its earnings call, Facebook said today that 500 million people watch video on Facebook every day, with 100 million hours of daily video watch time.

Here’s a look at Facebook’s stock over the past year:


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