Facebook's fourth-quarter earnings, published Wednesday, beat analysts' estimates on all fronts. The company came in with a fourth-quarter report card of $2.59 billion in revenue and adjusted earnings per share of 31 cents.
As expected, mobile played an increasingly important role in Facebook's business, with 53 percent of advertising revenue, or $1.25 billion, coming from the company's mobile products.
Here are some highlights from the report:
- 1.23 billion monthly active users (MAUs) as of December 31, 2013. MAUs are up 16 percent year-over-year.
- 757 million daily active users (DAUs), up 22 percent from the same quarter last year.
- 945 million mobile MAUs, a 39 percent increase over Q4 2012.
- 556 million mobile DAUs, up 49 percent year-over-year.
- Facebook's Groups product has 500 million MAUs.
- Revenue of $2.59 billion in the fourth quarter, an increase of 63 percent over the fourth quarter of 2012. Revenue for the full year 2013 came in at $7.87 billion.
- Fourth-quarter revenue from advertising was $2.34 billion, a 76 percent increase from the same quarter last year.
- Payments revenue was $241 million in the fourth quarter.
- 53 percent of advertising revenue, or $1.25 billion, in the quarter came from mobile.
- Facebook reported an adjusted 31 cents per share for the quarter.
- On an average day in December, Facebook saw more than 6 billion likes.
Update, 2:12 p.m. PT:Adds more details from the earnings call.