Facebook's Stock Is Going Crazy This Morning


rocket shuttle soaring


Facebook's stock is up 10% in pre-market trading as investors react to last night's earnings report.


That puts the stock above $78 for a new all-time high.

Facebook delivered $2.91 billion in revenue, up 61% year-over-year, beating expectations of $2.81 billion. EPS was $0.42, up 121% year-over-year, and well ahead of expectations of $0.32.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Facebook's operating margins hit 59%, an all-time high, which helped fuel the profit growth.

And then there's the future. Facebook has Instagram, WhatsApp, Messages, Oculus, and much more to fuel its growth in the long run.