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Facebook 2Q Sales Top Estimates, Shares Surge

July 6, 2023
in AI & Technology
Reading Time: 1 min read
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Jul.30 — Facebook Inc.’s second-quarter sales topped analysts’ highest estimates, rebounding from a pandemic-fueled disruption to digital advertising earlier in the year. The social media company’s shares surged in late trading. Revenue was up 11% and the social network had 2.7 billion monthly active users. David Kirkpatrick, Techonomy founder, appears on “What’d You Miss?”

source

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