Strong Performance of Meta Shares - Growth Stocks: - Shares of $META…

Alfred Gray

@alfredgray · Aug 1

· Aug 1

Strong Performance of Meta Shares

- Growth Stocks:

- Shares of $META 7%after posting better-than-expected results and a positive outlook.

- Second Quarter Financial Results:

- Meta $META posted earnings of $5.16 per share, beating analysts' expectations.

- Third Quarter Outlook:

- Meta $META expects third-quarter revenue in the range of $38.5 billion to $41 billion.

- Digital Advertising Revenue Growth:

- The company saw a 22% increase in digital advertising revenue, primarily driven by Facebook and Instagram platforms.

Bill Combs @billcombs Aug 2

The company is doing very well again and it looks good and I'm sorry I'm not bought in.

Alfred Gray @alfredgray Aug 5

It's true, I'm sorry I saw it differently 3 years ago too. :D

Ashraf Aboudar @ashraf_dd Aug 2

Sociability is doing very well. Apart from burning money in Labs development it is doing well just about everywhere. But shareholders have gotten used to that, and it will be a while before this division becomes profitable. For me an appropriate move if I take the closing price.

Alfred Gray @alfredgray Aug 5

They are doing really well, it will take a while but I believe they will pull this division out too.

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