Tag: outlook
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Why Investors May Want to Avoid Meta Platforms
Meta Platforms (META) is diving in afterhours. All after missing on its top and bottom lines, with a poor outlook. EPS came in at $2.46, as compared to expectations for $2.59. Revenue of $28.82 billion was below estimate for $28.94 billion. Daily active users did increase to 1.97 billion, as compared to expectations for 1.96…