Meta reported a 26% rise in quarterly revenue to $64.6 billion, but nearly $10 billion in additional costs tied to an $18 billion settlement with state attorneys general dragged down per-share earnings, missing Wall Street expectations.
Meta's Nearly $10 Billion Legal Costs Weigh on Q3 Earnings as Revenue Climbs
Meta reported a 26% rise in quarterly revenue to $64.6 billion, but nearly $10 billion in additional costs tied to an $18 billion settlement with state attorneys general dragged down per-share earnings, missing Wall Street expectations.
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