> Revenue was $31.999 billion, up 11% year-over-year. Excluding foreign exchange impact, revenue grew 12%.<p>> Advertising revenue was $31.498 billion, up 12% year-over-year. Excluding foreign exchange impact, advertising revenue grew 13%.<p>98.4% of their revenue is ads!<p>Full earnings: <a href="https://www.cnbc.com/2023/07/26/meta-to-report-second-quarter-earnings-after-the-bell.html" rel="nofollow noreferrer">https://www.cnbc.com/2023/07/26/meta-to-report-second-quarte...</a><p>> Earnings: $2.98 per share vs. $2.91 expected by Refinitiv.<p>> Revenue: $32 billion vs. $31.12 billion expected by Refinitiv.<p>> Daily Active Users (DAUs): 2.06 billion vs 2.04 billion expected, according to StreetAccount.<p>> Monthly Active Users (MAUs): 3.03 billion vs 3 billion expected, according to StreetAccount.<p>> Average Revenue per User (ARPU): $10.63 vs $10.22 expected, according to StreetAccount.
[dupe]<p>More discussion and report over here: <a href="https://news.ycombinator.com/item?id=36884230">https://news.ycombinator.com/item?id=36884230</a>