{"id":91486,"date":"2023-10-25T23:20:00","date_gmt":"2023-10-25T19:20:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=91486"},"modified":"2023-10-26T09:23:29","modified_gmt":"2023-10-26T05:23:29","slug":"meta-crushes-earnings-expectations-in-q3","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/meta-crushes-earnings-expectations-in-q3\/10\/25\/market-updates\/","title":{"rendered":"Meta crushes earnings expectations in Q3"},"content":{"rendered":"\n<p>Meta, the parent company of Facebook, achieved profits and revenues that exceeded market expectations on Wednesday, according to a financial performance report issued for the third quarter of the current.<br><br>The company achieved profits of $4.39 per share, which exceeded market expectations, which indicated $3.63 per share. The company&#8217;s revenues also rose to $34.15 billion, compared to expectations of $33.56 billion.<br><br>The total number of users of the company&#8217;s social media applications surged to 2.09 billion users, compared to the expectations of the &#8220;Street Account&#8221; market research firm, which indicated 2.07 billion users.<br><br>The monthly number of active users also rose to 3.05 billion, which was in line with the expectations of the \u201cStreet Account\u201d market research firm, which indicated the same number.<br><br>The average revenue per user rose to $11.23 per user, compared to $11.05 indicated by the expectations of the \u201cStreet Account\u201d market research.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta, the parent company of Facebook, achieved profits and revenues that exceeded market expectations on Wednesday, according to a financial performance report issued for the third quarter of the current.The company achieved profits of $4.39 per share, which exceeded market expectations, which indicated $3.63 per share. The company&#8217;s revenues also rose to $34.15 billion, compared &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53499,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7113,7117,7636],"class_list":["post-91486","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-earnings","tag-facebook","tag-users"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=91486"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91486\/revisions"}],"predecessor-version":[{"id":91492,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91486\/revisions\/91492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53499"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=91486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=91486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=91486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}