Thu, 27 Apr 2023 11:17:49 GMT
Meta beats quarterly expectations
The stock price of Facebook owner Meta has jumped $31.23 or 14.93% in US pre-market opening trading. The jump of the equity was caused by better than expected quarterly financial results.
Meta reported earnings per share at $2.20 instead of expected $2.021 which is a beat of 8.86%. Meanwhile, total revenues were higher by 3.53% than the forecasts.
In addition, note