Facebook's Stock Spikes Up On Strong Results, DAUs

Shares of Facebook Inc (NASDAQ: FB) traded up 6 percent on Wednesday’s after-hours session, following the announcement of the company’s Q2 results. Earnings of $0.97 per share came in $0.15 above the Street’s consensus, while revenue of $6.44 billion beat estimates of $6.02 billion.

It should be noted that the social media giant’s earnings beat margin had been increasing since April last year. Below is a list of the margin by which EPS beat estimates since the first quarter of 2015.

• +$0.15 4/27/16
• +$0.11 1/27/16
• +$0.05 11/4/15
• +$0.03 7/29/15
• +$0.02 4/22/15

However, the latest report brought a beat of the same dimension as the one witnessed in the previous quarter. Has the trend hit its ceiling? Will it start reverting next quarter?

Another very important figure for Facebook is that for daily active users, or DAUs, which was up 17 percent year-over-year, to 1.13 billion. For their part, mobile DAUs rose 22 percent year-over-year to 1.03 billion.

Monthly active users or MAUs surpassed 1.7 billion, up from 1.65 billion last quarter.

"We're particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services,” CEO Mark Zuckerberg said in a press release.

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.