Meta shares soar as sales top estimates, signalling turnaround
The Straits Times|February 03, 2023
SAN FRANCISCO – Meta Platforms posted quarterly sales that topped estimates, gave a rosy revenue forecast and indicated Facebook and Instagram still have room to grow, signalling it is on course for a turnaround after its most difficult year.
Meta shares soar as sales top estimates, signalling turnaround

The company’s shares jumped more than 18 per cent in extended trading after fourth-quarter sales beat estimates, fuelled by stronger advertising demand and more users for its major social networks.

To build a more resilient company, Meta is working to become more efficient, more profitable and nimbler at developing new products, according to chief executive Mark Zuckerberg.

هذه القصة مأخوذة من طبعة February 03, 2023 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 03, 2023 من The Straits Times.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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The Straits Times

A German initiative to keep workers employed by retraining them

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