The Facebook Inc (NASDAQ:FB) growth story apparently has no end. Facebook reported second-quarter earnings after Wednesday’s bell, and the company reported a top- and bottom-line beat that has FB stock pushing higher to new all-time highs.
The immediate reaction was tepid, and it looked like Wall Street had already discounted much of the good news. But the after-hours push now has Facebook scrawling out more gains that, if they stand Thursday, would be yet another reset of all-time highs in a year that has seen plenty.
For its second quarter, revenues spiked by 45% year-over-year to $9.32 billion, and earnings per share came to $1.32, up 69%. Wall Street’s pros were looking for less on both ends — $9.32 billion in sales and $1.13 per share in profits.
FB stock is up 2% in response, on top of a 44% year-to-date gain.
A few other highlights from the report:
Daily active users (DAUs) reached 1.32 billion, while monthly active users (MAUs) hit 2.01 billion. Both were up a nice 17%.
Mobile advertising revenues represented 87% of the total, compared to 84% in the same period a year ago.
During the past year, Facebook increased the global headcount by 43% to 20,658.
Facebook has $35.45 billion in the bank.
