Meta profits dive sharply in Q3

1 year 6 months ago

During Q3, Meta's net and operating income saw notable decreases year-over-year, while its revenue fared better but also came in at a decline.

The tech giant released its financial results for the three months ended September 30 yesterday. Here's what you need to know:

During the three-month period, daily active users grew by 3% year-on-year to 2 billion, whereas monthly users increased by 2%.

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Author
Jeffrey Rousseau