The Metrics Behind Facebook, Inc.'s Monster Second Quarter
With Facebook (NASDAQ: FB) stock rising about 42% year to date, and about 13% in the past three months, expectations were undoubtedly high ahead of the social network's second-quarter earnings release on Wednesday. But its results didn't disappoint. Driven by its rapidly rising advertising revenue, total revenue and profit both surged during the quarter.
Here's a close look at Facebook's monster second quarter, including an update on user growth, management's outlook, and more.
Facebook CEO Mark Zuckerberg. Image source: Facebook.
Source: Fool.com
Meta Platforms Inc. Aktie
478,40 €
-2,20 %
Positive Stimmung für Meta Platforms Inc. mit mehreren Buy- gegenüber Sell-Einschätzungen.
Das Kursziel von 500 € für Meta Platforms Inc. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 478.4 € an.
