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Facebook, Inc.'s Revenue and Profits Surge


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.

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Source: Fool.com

Meta Platforms Inc. Stock

€443.50
-1.280%
We can see a decrease in the price for Meta Platforms Inc.. Compared to yesterday it has lost -€5.750 (-1.280%).
Currently there is a rather positive sentiment for Meta Platforms Inc. with 26 Buy predictions and 5 Sell predictions.
With a target price of 542 € there is a positive potential of 22.21% for Meta Platforms Inc. compared to the current price of 443.5 €.
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