Making Creator Headlines · Page 10
Meta Revenue Rises as Expenses Climb Faster
· New York time
Meta’s third-quarter revenue rose 26% year over year to nearly $65 billion, while expenses increased 68% amid capital expenditures, Social Media Today reports. The company also added users as its AI costs climbed. The percentages compare growth rates, not the absolute size of revenue and expenses. The business analysis therefore concerns spending growth alongside revenue growth, rather than treating the two percentages as a profit calculation. The cash register is busier, but so is the equipment delivery entrance. Management has impressive numbers on both sides of the conversation.
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