Facebook earnings: 42 cents per share, ex-items, vs. expected EPS of 32 cents
CNBC.com staff | @CNBC
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CNBC.com
The Facebook logo is displayed on an Apple iPad Air in this photo in Washington.
Andrew Harrer | Bloomberg | Getty Images
The Facebook logo is displayed on an Apple iPad Air in this photo in Washington.
Facebook reported earnings and revenue that beat estimates for the second quarter on Wednesday.
The social media network posted earnings of 42 cents a share, excluding one-time items, on revenue of $2.91 billion.
Analysts had expected the company to report earnings excluding items of 32 cents a share on $2.81 billion in revenue, according to a consensus