Meta Platforms' Revenue Hit US$32.2 Billion in Q4 | 2 February 2023 | Daily Morning Note
Meta Platforms reported better-than-expected sales during the holiday quarter, fuelled by strong demand for advertising as it attracted more users to its Facebook social network. Revenue for the fourth quarter was US$32.2 billion. That compared with Wall Street estimates of US$31.6 billion. Shares jumped more than 18% in extended trading.
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