Kerala News Journal
Buisness

Facebook-Parent Meta exceeded expectations for its quarterly revenue

In light of the move in the digital advertising industry to tried-and-true platforms like Facebook and Instagram at a period of rising economic uncertainty, Meta Platforms Inc. predicted second-quarter revenue on Wednesday that was higher than market forecasts.

In contrast to analysts' projections of $29.53 billion, the business anticipates current-quarter sales between $29.5 and $32 billion, according to Refinitiv data.

Related posts

Paytm’s auditor PwC resigns; S R Batliboi is now in charge: Listed Below Are Important Facts

What to expect when Nokia soon introduces a new 5G smartphone in India

This smartphone might be released by Honor in India as part of its comeback: Every Detail

Indian Steel Industry saved foreign exchange of Rs 34,800 crore for the country, Surpass Japan in terms of production

Top Selling Vehicles: These vehicles have established a solid foothold in their respective markets and are the top sellers in India for the current year

Vijay Shekhar Sharma, CEO of Paytm, effectively controls 24.3% of the voting rights after the Antfin Deal