Facebook has earned a reputation for delivering the goods on earnings day, and Wednesday was no exception.
The social giant reported record totals for revenue, profits and user figures across the board on Wednesday, beating Wall Street estimates on a day when company stock rose nearly 3%.
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The new numbers show that despite more than 1.3 billion users, Facebook is still growing at a steady rate. The company added more than 40 million monthly active users in Q2, and mobile monthly actives increased more than 30% over the past year.
In fact, more than 650 million people use Facebook every day from a mobile device, more than twice the U.S. population. Read more…
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