Meta beats quarterly revenue estimates and announces 2-for-1 stock split
META Meta Platforms Inc
$697.52 +0.47%
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- 1Meta recorded quarterly revenue of $64 billion, exceeding analysts' expectations of $63.3 billion.
- 2Meta announced a 2-for-1 stock split.
- 3Meta's GAAP earnings per share (EPS) of $3.83 was impacted by legal costs related to a youth mental health settlement.
So what's the key point?
Meta earned more money than experts expected. The company also shared news with investors about splitting its stock.
Source Yahoo Finance +19 · View original ↗
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