Meta beats on revenue and splits its stock with nonvoting shares to raise capital

Posted

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, […]

The post Meta beats on revenue and splits its stock with nonvoting shares to raise capital appeared first on SiliconANGLE.



Continue reading at SiliconANGLE »

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