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Zeeeshu
Meta reported $64.6B in quarterly revenue, marking a 26% year-over-year increase. However, reported EPS came in at $3.83, well below the $6.54 consensus estimate.
The catch? A $9.89B legal charge weighed heavily on reported earnings, while adjusted EPS came in at a much stronger $7.40.
Revenue growth remains solid, but the bigger question is whether Meta’s massive AI investments will deliver returns quickly enough to justify the rising costs.
#MetaQ3RevenueBeat
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