Facebook Inc (FB): Q4 revenues hit $2.59 billion
Facebook Inc (NASDAQ:FB) has reported their Q4 financials, which includes $2.59 billion in revenues and EPS of $0.31. Wall Street analysts were expecting the company to hit $0.27 EPS on revenues of $2.33 billion.
Facebook said that revenues generated from mobile devices was at 53% for the quarter. Facebook reported revenues of $7.87 billion for the full calendar year, which is up 55% year-over-year. The company saw net income of $1.5 billion.
The daily active users of Facebook in December hit around 757 million, which is up 22%. Facebook’s monthly mobile users jumped around 39% bye the end of the year to 945 million.