In its second-quarter results, Meta surpassed earnings estimates at $5.16 per share and generated revenue of $39.07 billion, a 22% increase, well above analysts' predictions.
The company's net income soared to $13.47 billion, marking a 73% year-over-year growth. Meta's optimistic forecast for Q3, with revenue projected at $38.5 billion to $41 billion, outperformed expectations and demonstrated continued growth.
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