Ginny Marvin says, “It was yet another beat for Facebook, as the social media behemoth reported earnings for the fourth quarter of 2015 on Wednesday. After losing nearly three percentage points by close of business, Facebook stock is trading up more than six percent in after-hours trading.

Revenue topped $5.84 billion in Q4, up from $3.85 billion a year ago and ahead of the $5.37 billion analysts had anticipated for the quarter. Earnings per share (Non-GAAP) came in at $0.79, well above the $0.68 expected, and up from $0.54 a year ago. Net income surged from $701 billion a year ago to $1.56 billion in Q4 2015.

Advertising revenue, which accounts for the bulk of Facebook’s earnings, came in at $5.6 billion for the quarter, also well ahead of the $5.2 billion that analysts had estimated“.

Banner Q4 For Facebook: Revenue Tops $5.8 Billion, Ad Revenue Per User Jumps

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