Meta Reports Q2 Revenue of 87.8 Trillion Won... EPS Misses Expectations
Meta's second-quarter revenue exceeded market expectations.
On July 29 (local time), Meta announced that its revenue for the second quarter was $60.8 billion (approximately 87.8 trillion won). This figure surpasses the Wall Street consensus forecast of $60.17 billion compiled by the market research firm London Stock Exchange Group (LSEG).
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However, its earnings per share (EPS) came to $6.18, falling more than $1 short of the $7.22 expected by market analysts.
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