Facebook, Inc Bottom Line Rises 96% In Q2

(RTTNews) - Facebook, Inc (FB) revealed a profit for its second quarter that rose from last year.

The company said its bottom line totaled $2.82 billion, or $0.97 per share. This was higher than $1.44 billion, or $0.50 per share, in last year's second quarter.

Analysts had expected the company to earn $0.82 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 59.4% to $6.44 billion. This was up from $4.04 billion last year.

Facebook, Inc earnings at a glance:

-Earnings (Q2): $2.82 Bln. vs. $1.44 Bln. last year. -Earnings Growth (Y-o-Y): 95.8% -EPS (Q2): $0.97 vs. $0.50 last year. -EPS Growth (Y-o-Y): 94.0% -Analysts Estimate: $0.82 -Revenue (Q2): $6.44 Bln vs. $4.04 Bln last year. -Revenue Change (Y-o-Y): 59.4%