Facebook stock rose as much as 9% in after-hours trading despite the company announcing that it could take a one-time charge of as much $5 billion due to an ongoing Federal Trade Commission inquiry.

The company exceeded revenue expectations and matched estimates for its daily active user growth. Here's what Facebook reported:

Earnings: 85 cents per share (can't be compared to analyst expectations because of a one time charge)

85 cents per share (can't be compared to analyst expectations because of a one time charge) Revenue: $15.08 billion, vs. $14.98 billion, forecast by Refinitiv

$15.08 billion, vs. $14.98 billion, forecast by Refinitiv Daily active users: 1.56 billion, vs. 1.56 billion forecast by FactSet

1.56 billion, vs. 1.56 billion forecast by FactSet Monthly active users: 2.38 billion, vs. 2.37 billion forecast by FactSet

2.38 billion, vs. 2.37 billion forecast by FactSet Average revenue per user: $6.42, vs. $6.39 forecast by FactSet

The company's earnings per share analyst expectations are not comparable due to the anticipated FTC charge.

The company said it counts 2.7 billion monthly users across the its family of apps, which is unchanged compared to last quarter. Facebook saw its user base in Europe grow to 286 million daily active users, up from 282 million last quarter. The company's user base in the U.S. and Canada remained flat quarter-to-quarter at 186 million. The company said average revenue per user was $6.42, up 16% from $5.53 a year ago.

The FTC has been probing Facebook since March 2018 following reports that political consulting firm Cambridge Analytica had improperly access the data of 87 million Facebook users. To date, the FTC's biggest fine against a tech company was in 2012 when Google agreed to pay a $22.5 million penalty due to its privacy practices.

"We estimate that the range of loss in this matter is $3.0 billion to $5.0 billion," Facebook said in a statement. "The matter remains unresolved, and there can be no assurance as to the timing or the terms of any final outcome."