Facebook Beats Street Expectations in Fourth Quarter

Facebook trounces Wall Street estimates across the board in its fourth quarter.
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Facebook(FB) - Get Report  posted earnings of $1.41 a share, 10 cents ahead of forecasts. Revenue of $8.81 billion was also better than the $8.51 billion analysts were expecting. As for details, monthly active users came in at 1.86 billion and daily active users was 1.23 billion, both ahead of estimates.