All eyes were on Facebook yesterday, because of the company's upcoming results. And they proved better than expected, in light of the recent scandals related to the company.The largest social network in the world, reported a profit of $1.69 per share, with revenue of $11.97 billion. For comparison, analysts' average expectations were for a profit of $1.35 per share and a $11.4 billion income for the quarter.
Facebook reported 2.2 billion active users per month, which was also slightly above analysts' average expectations of 2.19 billion users and 1.45 billion active users a day, up from 1.4 billion a month earlier.
The company's shares reacted extremely positively to the data, rising by more than $11.
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