Meta saw $15.69 billion in net income last quarter, or $6.03 per share, up from $11.58 billion in the same quarter last year, the company reported after the markets closed on Wednesday. Wall Street had expected $13.49 billion in profit, or $5.21 per share, according to estimates compiled by FactSet.

Revenue came in at $40.59 billion, up 19% from $34.15 billion a year ago and surpassing Wall Street’s estimated $40.19 billion for the quarter.