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Tag: meta earnings

Meta posts higher profit, revenue for Q2 as advertising rebounds

Posted on July 27, 2023 By admin
Meta posts higher profit, revenue for Q2 as advertising rebounds

Facebook parent Meta posts higher profit, revenue [File] | Photo Credit: AP Facebook parent company Meta Platforms posted stronger-than-expected results for the second quarter on Wednesday, buoyed by a rebound in online advertising after a post-pandemic slump. The Menlo Park, California-based company earned $7.79 billion, or $2.98 per share, in the April-June period. That’s up…

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