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Benzinga
Benzinga
Business
Chris Katje

Meta Platforms Investors Run From Q3 Earnings: Revenue Beat, EPS Miss, Daily Users Up, Costs Set To Climb In 2023

Meta Nasdaq Facebook metaverse

Social media platform and metaverse company Meta Platforms Inc (NASDAQ:META) reported third-quarter financial results after the market close Wednesday. Here are the key highlights.

What Happened: Meta Platforms reported third-quarter revenue of $27.71 billion, a 4% decline year-over-year. The revenue came in ahead of a Street estimate of $27.53 billion, according to data from Benzinga Pro.

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