Facebook (META) forecasts Q3 2023 revenues above analyst expectations

Following a successful set of metrics in its Q2 2023 earnings results, Meta has raised revenue guidance for Q3 2023.

Image via Facebook

With the Meta company (formerly Facebook) having reported on its Q2 2023 earnings results, the company saw decent wins on several metrics, including revenue and earnings-per-share. It seems Meta also feels strong about what’s coming next in its fiscal year. For Q3 2023, Meta announced it would be raising its guidance for the quarter’s revenue, and the boost was well above analyst estimates.

Meta released its Q2 2023 earnings results and the adjusted revenue guidance for Q3 2023 on its investor relations website on July 26, 2023. In the press release, Meta shared that it feels confident about the quarter ahead, raising guidance for the quarter, as well as sharing some short rationale for the new guidance.

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TJ Denzer is a player and writer with a passion for games that has dominated a lifetime. He found his way to the Shacknews roster in late 2019 and has worked his way to Senior News Editor since. Between news coverage, he also aides notably in livestream projects like the indie game-focused Indie-licious, the Shacknews Stimulus Games, and the Shacknews Dump. You can reach him at tj.denzer@shacknews.com and also find him on Twitter @JohnnyChugs.

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