Meta reports surging Q2 revenue, net income


SAN FRANCISCO, July 30 (Xinhua) -- U.S. social media giant Meta Platforms Inc. reported on Wednesday the second quarter's revenue of 47.52 billion U.S. dollars, a 22 percent increase year over year.

Meta's quarterly net income jumped to 18.34 billion dollars, up 36 percent from 13.47 billion dollars year over year. The diluted earnings per share for the quarter increased to 7.14 dollars from 5.16 dollars in the same period of 2024, said the California-based company, parent of Facebook and Instagram.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Address root causes of Middle East conflict, Malaysia says at UNHCR meet
Area near one of Russia's biggest oil refineries damaged by Ukrainian drones, official says
Bus falls into river while boarding ferry in Bangladesh, leaving 24 dead
Analysis-Maduro case to test US narcoterrorism law with limited trial success
Panel wants prosecution of ousted Nepal PM over violence in Gen Z protests
Indonesia military officer steps down following acid attack on activist
Tehran rejects US claims of ‘ongoing, productive’ negotiations
Russian attacks kill two in Ukraine's Kharkiv, damage infrastructure on the Danube
Democrats, Republicans trade blame as major U.S. airports continue to see hours-long security lines
U.S. stocks finish higher on reports over Middle East

Others Also Read