Meta beats 3rd-quarter revenue estimates, issues upbeat sales outlook
One day2 outlets reported this in 2 reports over 1 day
All 2 reports on Thu, 22 October 2026
What it is about
Who published it, and when
original reportfirst to report
Times of India
Anadolu Agency (AA)
22 Oct, 08:51over 1 hour22 Oct, 10:08
How it spread - 2 original reports
Thu, 22 October 2026
2 reports- Times of India08:51
Meta Platforms reported a net income of $9.86 billion in Q3 2026, tripling from the previous year. Overall revenue increased to $64.60 billion, primarily driven by higher advertising earnings. However, operating income declined due to a significant legal charge linked to teen mental health litigation. The company plans to invest heavily in artificial intelligence infrastructure to support future revenue growth.
- Anadolu Agency (AA)10:08first to report
Revenue rises 26% to $64.6B, Q4 sales forecast at $73B-$76B