Meta just reported $51.24 billion in quarterly revenue, up 26% YoY and beating both Wall Street's and its own expectations for Q3. But its earnings per share (EPS) of $1.05 was far below Wall Street's expected $6.70.
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Meta stock tumbles on massive tax charge and ballooning AI costs
Meta just reported $51.24 billion in quarterly revenue, up 26% YoY and beating both Wall Street's and its own expectations for Q3. But its earnings per share (EPS) of $1.05 was far below Wall Street's expected $6.70.
Read Entire Article