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Facebook (FB) - Get Meta Platforms Inc. Class A Report posted a solid earnings and revenue beat for the fourth quarter, and investors applauded, sending shares up as much as 11% in after-hours trading. 

The social network giant reported EPS of $2.38 compared to $2.18 expected, while revenue of $16.9 billion beat estimates for $16.4 billion. Monthly active users for Facebook and Messenger rose 9% year-over-year to 2.32 billion, slightly beating a 2.31 billion consensus. Daily active users rose 9% to 1.52 billion, in-line with consensus.

TheStreet's tech columnist, Eric Jhonsa, is live blogging the company's earnings report right after the close, as well as its call with analysts scheduled for 5p.m. ET. To submit questions, please click the comment icon on the upper left of the chat window, sign in and send in your question.

Jim Cramer's Action Alerts Plus Club owns Facebook in its portfolio; for great analysis from Jim and his team on Facebook and all of the day's market news, click here for a free trial.

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