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Meta Beats, Reality Labs Bleeds
Meta topped estimates in Q3 results released after the bell in the US on Wednesday.
Company-wide revenue was $34.146 billion last quarter, ahead of the $33.51 billion the Street expected.
It wasn't a blockbuster beat by any stretch, but top-line growth of 23% was the briskest YoY pace in two years.
Recall that revenue growth was negative for three consecutive quarters in 2022, when the shares fell 75% from their post-pandemic highs.
Meta guided for between $36.5 billion and $40 billion in
