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For the second quarter, Meta saw earnings per share (EPS) of $5.16 on revenue of $39.07 billion. Analysts were expecting EPS of $4.74 on revenue of $38.3 billion, according to estimates compiled ...
Meta reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations and growing losses on its metaverse operation. It also announced a $40 billion stock ...
Daniel Howley. February 2, 2024 at 4:25 PM. Meta Platforms' ( META) stock rocketed higher on Friday, climbing more than 20% after the company posted better-than-expected earnings and guidance and ...
Meta Platforms, Inc. Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
Meta Platforms reported second quarter earnings after the bell on Wednesday, beating estimates on the top and bottom line, and sending the company's stock up almost 8% in premarket trading Thursday.
Here are the most important numbers from Meta's earnings, compared to analysts' estimates compiled by Bloomberg: Revenue: $28.65 billion actual versus $27.67 billion estimated EPS: $2.20 actual ...
t. e. Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly held ...
Meta turned in a healthy 11% uptick in revenue for the second quarter of 2023, topping Wall Street expectations and signaling the social giant’s ad business is recovering after last year’s ...