Meta shares rise after earnings top expectations

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Julio Lopez from Pexels Meta on Wednesday reported profit of 13.5billionintherecentlyendedquarter,beatingmarketexpectationsandcausingitssharepricetojump.Meta,theparentcompanyofFacebookandInstagram,saidrevenueinthequarterwas13.5 billion in the recently ended quarter, beating market expectations and causing its share price to jump. Meta, the parent company of Facebook and Instagram, said revenue in the quarter was 39 billion, about 22 percent higher than the same period a year ...