For the sixth consecutive quarter, Facebook beat Wall Street estimates.
The company posted earnings on Tuesday of $0.43 per share and topped $3 billion in revenue for the first time, a gain of more than 50% from the revenue it reported in the same quarter a year earlier. Much of that was thanks to its success on mobile; mobile ads accounted for nearly $2 billion in revenue, or two-thirds of Facebook's total ad revenue.
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Some of the highlights from the quarter, in charts:
The social network now has 1.35 billion monthly active users, up 14% year-over-year.
The company is slowly inching up to 1 billion daily active users, an unparalleled feat. There were 864 daily active users in the quarter, up 19% year-over-year.
Mobile, once a concern for Facebook in the lead-up to its IPO, is increasingly becoming a point of strength. There were nearly half a billion active users who only accessed Facebook through mobile devices in the third quarter.
Facebook topped $3 billion in quarterly revenue for the first time thanks to continued growth in advertising, and particularly mobile ad revenue which now accounts for two-thirds of total ad revenue
Average revenue per user, a closely watched figure for the company, climbed to $2.40 worldwide. If you live in the U.S. or Canada, you were worth about $7.39 to Facebook last quarter.
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