Categories AlphaGraphs, Earnings, Technology
Key highlights from Meta’s (META) Q2 2023 earnings results
Meta Platforms, Inc. (NASDAQ: META) reported second quarter 2023 earnings results today.
Revenue increased 11% year-over-year to $32 billion.
Net income grew 16% to $7.7 billion and EPS rose 21% to $2.98 compared to last year.
Both revenue and earnings beat expectations, allowing the stock to gain 4% in aftermarket hours on Wednesday.
Monthly active users grew 3% and daily active users grew 5% YoY.
For the third quarter of 2023, total revenue is expected to be $32-34.5 billion.
Prior performance
Most Popular
Nike (NKE) looks set to beat hurdles and build a brighter future
Nike, Inc. (NYSE: NKE) has long been ruling the sportswear market but the company had its share of problems when headwinds like the pandemic and economic slowdown hit the business
Electronic Arts (EA): A few points to keep in mind if you have an eye on this gaming company
Shares of Electronic Arts Inc. (NASDAQ: EA) stayed green on Friday. The stock has dropped 7% over the past three months. The video game industry has been facing challenges as
Petros Pharma is focused on establishing mechanisms for Rx-to-OTC switch: CCO Fady Boctor
Petros Pharmaceuticals, Inc. (NASDAQ: PTPI) is a pharma company focused on identifying, developing, and commercializing therapeutics for men's health issues. It operates mainly through the business segments of Prescription Medications
