Revenue grew to $32bn, marking company’s most profitable quarter since 2021, as news sends stocks surging by 7%
Meta stock rallied as the company reported an 11% rise in revenue on Wednesday, beating Wall Street expectations.
Revenue grew to $32bn in the quarter ending in June, compared to analysts’ average estimate of $31.12bn, marking Meta’s most profitable quarter since 2021. The news sent stocks surging by 7% in after-market trading.
More details soon …
Continue reading…
Revenue grew to $32bn, marking company’s most profitable quarter since 2021, as news sends stocks surging by 7%
Meta stock rallied as the company reported an 11% rise in revenue on Wednesday, beating Wall Street expectations.
Revenue grew to $32bn in the quarter ending in June, compared to analysts’ average estimate of $31.12bn, marking Meta’s most profitable quarter since 2021. The news sent stocks surging by 7% in after-market trading.
More details soon … Continue reading…Technology | The Guardian