Meta Platforms achieved remarkable financial success in Q2, with advertising revenue soaring 22% year over year to $46.6 billion, contributing to an overall total revenue of $47.5 billion. This growth dramatically exceeded management's prior expectation of 13%. Looking toward Q3, anticipated revenue projections of between $47.5 billion and $50 billion suggest a promising continued growth rate of approximately 20%, indicating that Meta's strong performance is likely to persist as long as advertising remains robust.
In Q2, Meta's advertising revenue rose 22% year over year, generating $46.6 billion, contributing overwhelmingly to the company's total revenue of $47.5 billion.
Management's projections for Q3 revenue between $47.5 billion and $50 billion indicate a growth rate of 20%, showcasing sustained strong performance.
Collection
[
|
...
]