{"id":10927,"date":"2023-07-26T21:38:06","date_gmt":"2023-07-26T19:38:06","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/07\/26\/meta-stock-surges-after-company-reports-11-rise-in-revenue\/"},"modified":"2023-07-26T21:38:06","modified_gmt":"2023-07-26T19:38:06","slug":"meta-stock-surges-after-company-reports-11-rise-in-revenue","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/07\/26\/meta-stock-surges-after-company-reports-11-rise-in-revenue\/","title":{"rendered":"Meta stock surges after company reports 11% rise in revenue"},"content":{"rendered":"<p>Revenue grew to $32bn, marking company\u2019s most profitable quarter since 2021, as news sends stocks surging by 7%<\/p>\n<p>Meta stock rallied as the company reported an 11% rise in revenue on Wednesday, beating Wall Street expectations.<\/p>\n<p>Revenue grew to $32bn in the quarter ending in June, compared to analysts\u2019 average estimate of $31.12bn, marking Meta\u2019s most profitable quarter since 2021. The news sent stocks surging by 7% in after-market trading.<\/p>\n<p><em>More details soon \u2026<\/em><\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/jul\/26\/meta-stock-rallies-revenue-rises\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/c2aff7a8b519c26689f738562fd9bbb388305612\/0_430_6996_4198\/master\/6996.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=107ea5f5f0b0bf080b262ac7f49d84fd\" title=\"Meta stock surges after company reports 11% rise in revenue\" \/>Revenue grew to $32bn, marking company\u2019s most profitable quarter since 2021, as news sends stocks surging by 7%<br \/>\nMeta stock rallied as the company reported an 11% rise in revenue on Wednesday, beating Wall Street expectations.<br \/>\nRevenue grew to $32bn in the quarter ending in June, compared to analysts\u2019 average estimate of $31.12bn, marking Meta\u2019s most profitable quarter since 2021. The news sent stocks surging by 7% in after-market trading.<br \/>\nMore details soon \u2026 Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revenue grew to $32bn, marking company\u2019s 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\u2019 average estimate of $31.12bn, marking Meta\u2019s &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/07\/26\/meta-stock-surges-after-company-reports-11-rise-in-revenue\/\"> <span class=\"screen-reader-text\">Meta stock surges after company reports 11% rise in revenue<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":10928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10927"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=10927"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/10928"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=10927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=10927"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=10927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}