Facebook’s parent company Meta reported first-quarter earnings.
Its daily active users grew in the first three months of this year.
The jump in daily users in the first quarter signals that Facebook’s growth hasn’t peaked.
The number of people usingFacebookevery day is growing again.
The rise was higher than a Wall Street estimate of 1.95 billion.
In after-hours trading, Meta shares rose more than 19% to $208.65.
The broader company also owns photo and video appInstagram, messaging app WhatsApp and other services.
Combined, daily users of Meta services jumped 6% year over year to 2.87 billion.
Facebook reported 2.94 billion monthly active users, missing estimates of 2.96 billion.
The results come as the land shifts under the social media world.
Both Facebook and Twitter have been criticized for their content moderation policies.
Russia, for example,blockedFacebook and Instagram and the social online grid stopped acceptingadsfrom Russian advertisers globally.
The company expects total revenue in the second quarter to be between $28 billion and $30 billion.
The company earned $2.72 per share, above estimates of $2.51 per share.
