By Alexander Bueso
Date: Thursday 02 Feb 2017
LONDON (ShareCast) - (ShareCast News) - Facebook shares edged higher in after-hours trading as investors reacted to a stronger-than-expected set of quarterly figures.
The social media and advertising giant reported a stonking 53% jump in year-on-year advertising revenues, led by sales through mobile ads.
Meanwhile, the number of active monthly users on the platform, one of the industry´s key metrics, climbed 17% to 1.86bn.
The above drove an improvement in its fourth quarter sales from $5.8bn one year ago to $8.81bn (consensus: $8.51bn) and saw quarterly net income grow from $1.6bn or 54 cents per share in the year ago period to $3.6bn or $1.21 for the latest three-month stretch.
Excluding extraoridnary items and on a non-GAAP basis quarterly EPS clocked in at $1.41 (consensus: $1.31).
Shares in Facebook gained 2.23% after the closing bell to $133.23.
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Currency | US Dollars |
Share Price | $ 595.94 |
Change Today | $ 13.17 |
% Change | 2.26 % |
52 Week High | $596.85 |
52 Week Low | $288.35 |
Volume | 14,194,990 |
Shares Issued | 2,211.00m |
Market Cap | $1,317,623m |
Strong Buy | 24 |
Buy | 23 |
Neutral | 8 |
Sell | 2 |
Strong Sell | 0 |
Total | 57 |
Time | Volume / Share Price |
16:00 | 1,817,227 @ $595.94 |
15:59 | 216 @ $595.88 |
15:59 | 323 @ $596.00 |
15:59 | 320 @ $595.99 |
15:59 | 800 @ $595.98 |
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