Facebook Inc FB shares are skyrocketing after a positive earnings surprise Wednesday, now above the $100 level. The social media giant reported fourth quarter earnings of $0.79 per share versus estimates of $0.68, and revenue of $5.84 billion versus estimates of $5.37 billion.
On a secondary level, Facebook also met or beat consensus expectations of major user growth figures. (Street consensus gathered by Business Insider.)
- Daily active users (DAUs) were 1.04 billion in December 2015, versus 1.04 billion expected.
- Mobile DAUs were 934 million, up 25 percent year over year.
- Monthly active users (MAUs) were 1.59 billion as of December 31, versus 1.58 billion expected.
- Mobile MAUs were 1.44 billion as of December 31, up 21 percent year over year.
Facebook advertising revenue accounted for 96.5 percent of total revenue, while payment revenue accounted for most of the remainder. Eighty percent of ad revenue came from mobile, up 11 percentage points year over year --- also, not surprisingly, what the Street expected.
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