Facebook schools everyone and wins social network earnings, again
 

Facebook schools everyone and wins social network earnings, again
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Is Facebook just too good?*

The social networking giant blew past Wall Street expectations of both revenue and earnings per share for its second-quarter of 2016 earnings released Wednesday. Facebook's stock was up by more than 6 percent in after-hours trading.*

Facebook reported $6.44 billion in revenue, up 63 percent year over year, compared to $6 billion as analysts expected. Earnings per share, excluding certain expenses, reached 71 cents compared to 57 cents expected.*

**t only did it crush revenues, Facebook pulled even more people into the world's largest social network. Facebook **w claims more than 1.71 billion monthly active users, up from 1.65 billion last quarter. On a daily basis, Facebook is visited by 1.13 billion users. Read more...

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