It’s been another busy earnings season across the board. As always, the often volatile social media segment displayed some interesting results this week. On the positive side of things, it was another blowout quarter for Facebook FB. On Wednesday, the social media giant posted earnings of 57 cents, beating the Zacks Consensus Estimate of 44 cents. Quarterly revenues also beat our expectations, coming in at $5.4 billion versus an estimate of $5.23 billion. (Also Read: Facebook Clobbers Q1 Earnings) On a year-over-year basis, Facebook’s advertising revenue rose 57%, with Mobile Ad revenues now accounting for 82% of total ad revenue. Monthly Active Users climbed to 1.65 billion, with just over a billion of those users being Daily Active Users. That’s right—about one in seven people on Earth use Facebook every single day. Facebook also announced a proposal to offer C-class, non-voting shares. The plan was created so that Zuckerberg can proceed with his plan to donate 99% of his fortune to charity without affecting other shareholders. Shares of Facebook are up about 8% since Wednesday’s close. While Facebook continues to win big, Twitter TWTR posted another weak earnings report, yet again disappointing investors. On Tuesday, the embattled social media site reported a loss of 7 cents on $594.5 million in revenue. While that loss was narrower than the Zacks Consensus Estimate of -$0.12, Twitter missed our revenue estimate of $607 million. (Also Read: Twitter Tanks On Revenue Miss, Weak Guidance) Following the report, shares of TWTR crashed nearly 15%, primarily due to the company’s weak guidance. Twitter said it expects second-quarter revenue between $590 million and $610 million, well below our consensus estimate of $678 million. Finally, the other big social media earnings report this week was LinkedIn LNKD. After the bell Thursday, LinkedIn announced earnings of $-0.10 per share and revenue of $860.7 million. This earnings number beat the Zacks Consensus Estimate of -28 cents, and the revs soared past our estimate of $828 million. Shares of LNKD climbed about 7.5% in after-hours trading. Now that all the social media stocks are in, check out the related ETFs to ride the momentum on! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FACEBOOK INC-A (FB): Free Stock Analysis Report LINKEDIN CORP-A (LNKD): Free Stock Analysis Report TWITTER INC (TWTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research