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Meta Reports Q3 Revenue Up 26% to $64.6B, EPS Misses Estimates

Meta Reports Q3 Revenue Up 26% to $64.6B, EPS Misses Estimates
▲ Meta

Meta announced on the 21st local time that its third-quarter revenue increased by 26% compared to the same period last year, reaching $64.6 billion.

This figure surpasses the market expectation of $63.4 billion compiled by market research firm London Stock Exchange Group.

However, earnings per share (EPS) stood at $3.83, falling short of the market expectation of $5.75.
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