FinanceSiliconANGLEabout 2 hours ago
Meta Beats Revenue, Splits Stock Two-for-One
4 min read
Meta Platforms Inc. reported third-quarter revenue of $64.60 billion, up 26% year-over-year, beating analyst expectations of $63.3 billion. The company unveiled a two-for-one stock split involving non-voting Class C shares effective Jan. 19, 2027. Diluted earnings per share reached $3.83, absorbing a $9.89 billion legal charge, while headcount fell 15% to 66,775.
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