=Facebook (FB) reported earnings on Wed 26 July 2017 (a/h)

Facebook (FB) reported second-quarter earnings after the market close Wednesday that beat on the top and bottom line, and also topped views on ad revenue and user growth.

Facebook reported revenue of $9.32 billion, beating the consensus estimate of $9.17 billion and up 45% from the year-ago quarter. It reported adjusted earnings of $1.32, beating the consensus of $1.12 a share, as polled by Zacks.

Facebook stock was near 168.45, up 1.7% during after-hours trading in the stock market today. Facebook stock is up 43% this year.

The social media giant reported having 1.32 billion daily active users, up 17% from the year-ago period and slightly above estimates of 1.316 billion. Monthly active users of 2.01 billion met the consensus estimate and was also up 17%.

Analysts also focused on ad revenue. Facebook reported ad revenue of $9.16 billion, up 47% and beating the consensus of $9 billion. Mobile advertising made up 87% of ad revenue, up from a year-ago 84%.

Facebook and Google-owner Alphabet (GOOGL) now have about 77% of the U.S. digital ad spending in 2016, up from 72% in 2015, according to Pivotal Research Group.