Facebook Crushes Q4 Estimates, Daily Active Users Up 18%

Facebook Inc FB reported its fourth quarter earnings after the close on.

CEO Mark Zuckerberg is already off to a great start in 2017, earning over $4.7 billion in the first two weeks of the year. The latest report will swell those figures even higher due to the positive investor response to the quarter.

• Facebook reports Q4 EPS $1.41, beats by $1.31
• Q4 Revenues came in at $8.629 billion, beating by $118 million
• Reports December Daily Active Users of 1.23 billion, up 18 year over year
• Mobile Daily Active Users of 1.15 billion, up 23%

Facebook Q4 Monthly Active Users

"Our mission to connect the world is more important now than ever," said Zuckerberg. "Our business did well in 2016, but we have a lot of work ahead to help bring people together."

Shares of Facebook were up 3 percent after the close, trading recently at $136.87