Facebook-parent Meta posts declining sales for the third consecutive quarter trends now
Facebook-parent Meta posts declining sales for the third consecutive quarter trends now
Facebook-parent Meta posts declining sales for the third consecutive quarter: Revenue dropped 4% to $32.17B but sank less than Wall Street expected
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Meta has reported its third quarter in a row of declining sales -- but the damage was less than Wall Street had expected, sending shares of the company higher.
Facebook's parent company on Wednesday reported revenue of $32.17 billion for the quarter that ended in December, down 4% from a year earlier but higher than the $31.53 billion analysts expected, according to Refinitiv data.
Daily active users across Meta's platforms, another key figure, also outpaced expectations, coming in
