Facebook crushed Wall Street expectations for its fourth quarter earnings report today, sending the company’s stock up more than 5 percent in after-hours trading. The social media giant posted $ 5.84 billion in revenue last quarter — up 52 percent from the year-ago quarter — and earnings of 79 cents per share. Analysts expected $ 5.37 billion in revenue on earnings of 68 cents per share. Facebook continues to grow at an impressive clip and now counts 1.59 billion monthly active users, up 14 percent from last year. The company also said it is has 1.04 billion daily active users — up 17 percent — and… Read More
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