Meta Platforms: Q3 earnings snapshot beats Wall Street expectations
FROM THE WIRE · FINANCE.YAHOO.COM
MENLO PARK, Calif. (AP) — MENLO PARK, Calif. (AP) — Meta Platforms, Inc. (META) on Wednesday reported third-quarter earnings of $9.86 billion. The Menlo Park, California-based company said it had profit of $3.83 per share. Earnings, adjusted for non-recurring costs, were $7.40…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA mega-cap beat estimates on earnings and revenue, a significant event for the tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Meta reported third-quarter earnings of 9.86 billion dollars, or 3.83 dollars per share.
- 02Adjusted earnings were 7.40 dollars per share versus estimates of 6.52 dollars.
- 03Revenue was 64.6 billion dollars, above the expected 63.41 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets