Meta Revenue Rises 26% as Costs Climb 68% and Operating Income Falls

Meta Platforms’ revenue increased 26% from a year earlier to $64.601 billion for the quarter ended Sept. 30, while operating income declined 37% to $12.988 billion. “Our investments are paying off, the core business is strong, and we're seeing velocity across the board,” Meta founder and CEO Mark Zuckerberg said. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost