Facebook Shares Gain Steam on Earnings Beat
Facebook just released quarterly earnings.
Facebook (FB) - Get Report shares are on the rise after reporting better than expected second quarter earnings.
Profit of $1.32 a share topped estimates of $1.12.
Revenue of $9.32 billion eclipsed forecasts of $9.2 billion.
Daily active users stood at 1.32 billion for the quarter. Monthly active users crossed 2 billion.
