Facebook parent Meta quarterly earnings beat estimates as ads recover

Facebook parent Meta quarterly earnings beat estimates as ads recover

New York — Meta Platforms forecast third-quarter revenue above market expectations on Wednesday, sending shares up on signs that the improving economic environment will boost ad spending. The company expects July-September revenue in the range of $32bn to $34.5bn, compared with analysts’ average estimate of $31.30bn, according to Refinitiv data.…Read More

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