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META Sees Q3 Revenue $61B to $64B

META guides Q3 revenue below consensus

META

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08:03:01 PM UTC
SquawkNews
META (recap) Meta Q2 Earnings & Q3 Guidance EPS $6.18 vs. $7.14 Y/y Revenue $60.80B, est. $60.24B Sees Q3 Revenue $61B—$64B, est. $63.17B Operating Income $18.78B, -8.2% Y/y Advertising Revenue $59.36B, est. $59.07B Family of Apps Revenue $60.37B, est. $59.77B Family of Apps Operating Income $23.39B, est. $26.11B Reality Labs Revenue $431M, est. $428.7M Reality Labs Operating Loss $4.62B, est. loss $4.45B Raised the lower end of its expense outlook

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