Tech

Cramer: Facebook quarter was ‘Mozart’

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Companies around the world should take note of Facebook's latest quarterly results, CNBC's Jim Cramer said Thursday.

"Starbucks may have been Beethoven, and [Facebook] might have been Mozart," Cramer said on "Squawk on the Street."

"People in Corporate America: Don't be ashamed; go learn from this … kid because this is the company you should aspire to be," he said, referring to Mark Zuckerberg.


Facebook tops General Electric in market value
Mark Zuckerberg, chief executive officer of Facebook Inc.
Facebook earnings: 57 cents per share, vs expected 52 cents

The social media giant reported third-quarter earnings per share of 57 cent on revenue of $4.5 billion on Wednesday, beating Wall Street's expectations. Facebook also posted better-than-expected monthly active users (MAUs), surpassing 1.5 billion as of Sept. 30.

"It's so perfect. Everything about it was perfect," Cramer said.

Facebook's stock shot up on the earnings news in after-hours trading Wednesday and carried that momentum into Thursday trading. The company's shares opened at an all-time high, sending its market cap above $300 billion.

— CNBC's Jacob Pramuk contributed to this report.

DISCLOSURES: Cramer's trust owned shares of Facebook when this article was published.