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. Stock
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