Meta Facebook Q3 2023 Earnings Report: 2.09 Billion Daily Active Users

Meta Platforms Inc., the parent company of Facebook, Instagram and WhatsApp, reported a blowout Q3, with its revenue and profits surging.

The company reported revenue of $34.1 billion and net income of $11.6 billion, up 23 percent and 164 percent year over year, respectively. Wall Street had been expecting revenue of $33.6 billion, EPS of

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Snap Q3 2023 Earnings: Revenue Rises 5%, Snapchat Users Grow to 406MSnap, parent company of Snapchat, turned in better results than Wall Street expected for the third quarter of 2023.
Source: Variety - 🏆 108. / 63 Read more »

Novartis lifts 2023 earnings forecast for third timeNovartis lifts 2023 earnings forecast for third time
Source: Investingcom - 🏆 450. / 53 Read more »

Novartis lifts 2023 earnings forecast for third timeSwitzerland's Novartis (NOVN.S) on Tuesday raised its full-year earnings forecast for the third time, citing cost cuts and higher-than-forecast prices for a multiple sclerosis (MS) drug.
Source: Reuters - 🏆 2. / 97 Read more »

GM earnings blast forecasts, but $200 million a week strike costs torpedo 2023 outlookGM said the historic UAW strike action is costing it $200 million a week, forcing it to pull its 2023 profit forecasts despite better-than-expected third quarter earnings.
Source: startelegram - 🏆 248. / 63 Read more »

General Electric surges on Q3 earnings beat, 2023 profit forecast boostGE Aviation once again powered the group's third quarter top and bottom lines, with GE now forecasting full-year free cash low north of $5 billion.
Source: startelegram - 🏆 248. / 63 Read more »