Meta Reports Second Quarter 2023 Results

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Go back to Meta Reports Second Quarter 2023 Results

Meta Platforms (META) Guides Q3 Revenue of $32B-$34.5B vs $32.2B Est

July 26, 2023 4:07 PM EDT

Meta Platforms (META) Guides Q3 Revenue of $32B-$34.5B vs $32.2B Est

... More

Meta Platforms (META) Tops Q2 EPS by 7c, Offers Guidance

July 26, 2023 4:07 PM EDT

Meta Platforms (NASDAQ: META) reported Q2 EPS of $2.98, $0.07 better than the analyst estimate of $2.91. Revenue for the quarter came in at $32 billion versus the consensus estimate of $31.08 billion.

GUIDANCE:

Meta Platforms sees Q3 2023 revenue of $32-34.5 billion, versus the consensus of $31.2 billion.

Family daily active people (DAP) DAP was 3.07 billion on average for June 2023, an increase of 7% year-over-year.Family monthly active people (MAP) MAP was... More