Facebook posted revenues of $1.18 billion and non-GAAP earnings per share of $0.12. Analysts polled by Thomson Reuters predict Facebook to report non-GAAP earnings $0.12 per share on revenues of $1.1 billion, which will be up about 5% from last quarter‘s $1.058 billion.
Advertising makes up the bulk of that; last quarter $872 million came from ads. Analysts were expected ad revenues of $921 million. Facebook beat that with $992 million in ad revenues.
The company also announced 552 million daily active users as of June 30, a 32% jump over the year-ago period. Monthly active users were 955 million, which was up 29%. The company also claims 543 million monthly active users on mobile, a 67% jump.
Facebook's shares were down 8.5% before the market closed, to $26.84. In after-hours, the stock was down another 5% to less than $26.
We'll add more details as we get them, so check back shortly.