Meta Q3 Revenue Surges 23%, Profit More Than Doubles to $11.6 Billion

Meta Q3 Revenue Surges 23%, Profit More Than Doubles to $11.6 Billion

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Tech giant ’s advertising business is roaring back, as the parent of Facebook and Instagram exceeded Wall Street’s third-quarter 2023 earnings forecasts. Meta reported Q3 revenue of $34.15 billion, up 23%, and net income more than doubling to $11.58 billion (or $4.39 per share). The results come…

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