Andrew Linden
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Facebook earnings: great results

Facebook has already reported its high-level numbers:
  • Facebook’s performance beats all average analyst estimates, which called for adjusted 62 cents a share on sales of $5.26B.
  • The company reported net income of $1.5 billion, or 52 cents a share, compared with $512 million, or 18 cents a share, in the year-earlier period.
  • Adjusted for one-time items, Facebook said it earned 77 cents a share, widely trumping the 62 cents a share analysts in a FactSet poll had projected.
  • Facebook’s daily mobile users nearly hit 1 billion in the quarter, at 989 million when the period ended.

Here is the FB MAU: keeps growing, 1.65B. GREAT!