Facebook, Inc.'s Revenue and Profits Surge
So much for management's expectation for revenue growth to come down meaningfully in the second half of the year. Both Facebook's (NASDAQ: FB) top- and bottom-line soared past expectations. Indeed, year-over-year growth in both revenue and earnings per share actually accelerated compared to Q2.
Here's a look at Facebook's breakneck growth, what's behind it, and what to expect next.
Facebook CEO Mark Zuckerberg. Image source: Facebook.
Source: Fool.com
Meta Platforms Inc. Stock
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