Meta beats on revenue and splits its stock with nonvoting shares to raise capital
Posted
Duncan Riley (via SiliconANGLE)
Meta Platforms Inc. shares rose about 2% in after-hours trading today after the social networking company beat third-quarter revenue expectations and unveiled nonvoting Class C shares that will act as a two-for-one stock split. For the quarter ended on Sept. 30, Meta reported diluted earnings per share of $3.83, up from $1.05 a year earlier, […]
Apps,
NEWS,
The-Latest,
Top Story 4,
AI,
artificial intelligence,
attorneys general,
capital expenditures,
Class C shares,
earnings,
Founder Alignment Agreement,
free cash flow,
Mark Zuckerberg,
Meta,
Meta platforms,
Muse,
Muse Wonder,
NASDAQ,
Proposition 40,
Q3 2026 earnings,
Reality Labs,
stock split,
Susan Li,
wealth tax