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Facebook Parent Meta, Q3 Revenue, Profit Decline

1 min read
Facebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising revenue amid competition from the wildly popular video app TikTok. The quarter's weak results raised fresh questions about whether Meta's plans to
Facebook Parent Meta, Q3 Revenue, Profit Decline
Facebook Parent Meta, Q3 Revenue, Profit Decline

Facebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising revenue amid competition from the wildly popular video app TikTok. The quarter’s weak results raised fresh questions about whether Meta’s plans toFacebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising revenue amid competition from the wildly popular video app TikTok. The quarter’s weak results raised fresh questions about whether Meta’s plans to

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