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in Tech

Meta reports better-than-expected results and issues optimistic guidance for third quarter

by Editor July 27, 2023, 2:59 am 1.7k Views

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.

David Paul Morris | Bloomberg | Getty Images

Meta reported earnings and revenue for the second quarter that topped analysts’ estimates and issued a better-than-expected forecast for the current period, reflecting a rebound in the digital advertising market.

The stock rose about 7% in extended…

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