Investing.com - Facebook (NASDAQ:FB) reported third-quarter earnings that beat analyst's expectations on Tuesday, but revenue that fell short of forecasts.
The number of active users also looked slightly below Wall Street forecasts, but shares climbed in postmarket trading.
The company reported earnings per share of $1.76 on revenue of $13.73 billion. Analysts polled by Investing.com expected EPS of $1.46 on revenue of $13.77 billion.
That compared to EPS of $1.59 on revenue of $10.33 billion in the same period a year earlier. The company had reported EPS of $1.74 on revenue of $13.23 billion in the previous quarter.
Monthly active users came in at 2.27 billion for September, just below the 2.28 billion analysts predicted. Daily active users averaged 1.49 billion last month, up from 1.47 billion.
The stock rose about 2% in after-hours trading, following some volatile initial trading. Shares were up about 3% in the regular trading session ahead of the results.
For the year, Facebook shares are down 17.14%.